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Nepal’s per capita public debt increases four-folds in the past one decade
May 23, 2023 08:30 am
KATHMANDU, May 23: Nepal’s per capita public debt increased four-folds in the past one decade, mainly due to an increasing unproductive spending along with slow growth in the government revenue collection.
Nepal’s per capita debt reaches Rs 63,310
May 29, 2022 15:50 pm
KATHMANDU, May 29: The government’s public debt has reached Rs 1.848 trillion as of mid-March this year, with the government relying more and more on borrowing to meet its financial liabilities due to low revenue collection amid soaring expenditure.
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