Report in The Kathmandu Post, Nov 12, 2023Nepal’s public debt grew by Rs41.25 billion during the first quarter of the current fiscal year as outstanding total debt reached Rs2,340.60 billion, the Public Debt Management Office said. Total debt accounts for 43.49 percent of the country’s gross domestic product (GDP) as public debt against the GDP has been on the rise over the last few years. Even though the outstanding external debt decreased amid higher debt…
Posts tagged as “mangaement”
by Kelum Bandara in Daily Mirror, Aug 19, 2023In rescheduling Sri Lanka’s external debts, China, as the single largest bilateral creditor, is likely to have its own ‘debt management’ criterion for Sri Lanka instead of having a common mechanism with other creditors, a top source said. Sri Lanka is currently in the process of restructuring its debts in keeping with programme with the International Monetary Fund (IMF). India, France and Japan have formed a common…