Public debt reached 58 trillion

Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Public Debt Management Office, the public debt which was 26 trillion 74 billion 4 billion at the beginning of the current year has increased to 28 trillion 78 billion 29 billion by the middle of February.

As of mid-February, the share of foreign debt in public debt is 53.16 percent and the share of domestic debt is 46.84 percent. In the eight months of the current financial year, the government has taken a total of 2 trillion 4 billion 24 billion rupees in public debt. In the current fiscal year, a total of 5 trillion 95 billion public debt was set to be mobilized, but only 2 trillion 95 billion 19 billion rupees have been received by the end of February.

Express

Related News

The government's decision to give tax exemptions to China

Kathmandu. The government has decided to provide tax exemptions for the purchase and export of necessary materials for the expansion of the second section of the ring road. With this decision, the way has been opened to proceed with the process of...

The capital market increased by 45 percent: shine in the banking and financial sector!

Kathmandu. The stock market continues to fluctuate continuously. Although the market fell by a few points on Tuesday, there was an improvement on Wednesday. Although it has increased today, the current ups and downs are considered to be the effect...

After the closure of Rasuwagadhi, there has been an increase in activity at the Korla crossing, two billion revenue has been raised in 15 days

Kathmandu. The Mustang Customs Office at Lomanthang-4 Nhechung, located at the Nepal-China Northern Border Crossing Korlana, has collected a revenue of 1.78 billion 44 lakh rupees within 15 days. After the Rasuwagadhi-Kerung crossing was completel...