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Posts tagged as “doubled”

Nepal’s debt servicing cost rose by over 80 percent last fiscal year

by Prithvi Man Shrestha in The Kathmandu Post, September 28th, 2023The government’s spending on debt servicing nearly doubled last fiscal year amid Nepal’s ballooning public debt along with high interest rates applicable on internal loans. The government spent Rs222.74 billion in debt servicing, including principal repayment and interest, in the fiscal year 2022-23. The figure is a rise of around 83 percent from the previous fiscal year, according to the Public Debt Management Office (PDMO).…

Bangladesh has one judge for 95,000 people

by Emran Hossain Sheikh in Dhaka Tribune, Aug 31, 2023The number of pending cases in Bangladesh has doubled in the last 15 years due to the crisis of judges. Currently, as many as 4.2 million cases are pending in the country’s different courts. There is only one judge for every 94,444 people in Bangladesh. On the other hand, neighbouring India has one judge for every 47,619 people and Pakistan for every 50,000 people. The information…