Govt debt arrear surpassed. Rs 2858 billion

Kathmandu, Feb 27: The government’s debt arrear surpassed Rs 2858 billion.  

According to a public debt report until mid-Jan published by the Public Debt Management Office, the total public debt increased by Rs 184.93 billion to Rs 2858.97 billion untill mid-Jan which was Rs 2674.04 billion in the Mid-July.   

The Public Debt Management Office informed that the total debt now comprised of 46.81 per cent of the current gross domestic product (GDP).

Out of the total debt arrear, the internal debt recorded Rs 1349.13 billion and the external debt recorded Rs. 1509.84 billion.  

The government has received a debt amounted Rs 255.84 billion this fiscal year (FY)  thus far while the its target is Rs 595 billion.(RSS)