KATHMANDU, August 11: Nepal’s public borrowing has reached 40.5 percent of the country’s gross domestic product, shows the whitepaper on the country’s economy that the Sher Bahadur Deuba-led government issued on Tuesday.

KATHMANDU, Aug 23: Per capita debt of Nepal has reached Rs 44,892 as direct consequences of a massive increase in government borrowing triggered by the slow growth in revenue collection, increase in development works and unproductive government spending.