header banner
ECONOMY

Interest on public debt stands at Rs 6.5 billion a month

KATHMANDU, Dec 21: The government has started paying an average interest of Rs 6.5 billion per month under the heading of fiscal management.
alt=
By Republica

KATHMANDU, Dec 21: The government has started paying an average interest of Rs 6.5 billion per month under the heading of fiscal management.



Related story

Govt’s spending on debt servicing to increase by Rs 106 billion...


According to five months' data of the current fiscal year released by the Public Debt Management Office (PDMO) on Monday, the government paid an interest of Rs 32.389 billion on internal and external loans during this period. It means that the government paid an average of Rs 6.4778 billion in interest on public debt.


During the review period, the government has paid a total of Rs 91.7623 billion in principal and interest on internal and external loans. The data shows that the government has paid Rs 70.56 billion internal debts and Rs 21.19 billion external debt in the last five months.

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/1703073926_sarbajanikrin-1200x560_20231221180412.jpg
See more on: loan_interest
Related Stories
ECONOMY

Govt incurs additional public debt of Rs 22.97 bil...

Govt incurs additional public debt of Rs 22.97 billion in the last one month
Editorial

Foster a culture of efficiency, accountability to...

Foster a culture of efficiency, accountability to improve NAC’s financial health
ECONOMY

NAC seeks Rs 135 billion loan at subsidized intere...

NAC seeks Rs 135 billion loan at subsidized interest
ECONOMY

Govt settled Rs 67.70 billion in interest and prin...

Govt settled Rs 67.70 billion in interest and principal repayment of public debt in Q1 of current FY
ECONOMY

Govt to collect internal debt of Rs 10 billion, is...

Govt to collect internal debt of Rs 10 billion, issues 11-year development bond

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights