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).…