Nepal’s public debt crosses 40 percent of the country’s GDP

Nepal’s public debt crosses 40 percent of the country’s GDP

August 28, 2021 19:15 pm

KATHMANDU, August 28: Nepal’s public debt has reached 40.5 percent of the country’s gross domestic product (GDP), with the government relying more on borrowed money to meet its financial obligations due to low revenue collection amid impacts of the COVID-19 pandemic.

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