Interest on public debt stands at Rs 6.5 billion a month

Published On: December 21, 2023 09:30 PM NPT By: Republica  | @RepublicaNepal


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.

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.

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