Kathmandu. The country’s public debt obligation has crossed Rs 300 trillion. The total public debt obligation of the government has reached Rs 3009.11 billion at the end of the current fiscal year 2083-84.
According to the report released by the Public Debt Management Office, the public debt has reached 45.59 percent of the gross domestic product (GDP).
At the beginning of the financial year 2083-84, the total public debt of the government was Rs 2,981.70 billion. During the three months, the government mobilized a loan of Rs 123.32 billion. During this period, the change in the exchange rate also showed a profit of Rs 18.16 billion. However, the principal payment of Rs 77.74 billion was made during the same period.
Out of the total public debt, the share of external debt is 53.13 percent and the share of internal debt is 46.87 percent. In terms of amount, external debt has reached Rs 1,598.80 billion and internal debt has reached Rs 1,410.31 billion.
