KATHMANDU, April 3: The government is preparing to allocate Rs 436 billion to pay the interest and for the repayment of the principal on public debt for the next fiscal year.

KATHMANDU, Feb 17: The government took an additional public borrowing worth Rs 22.97 billion last month amid slow revenue collection and high recurrent expenditure.

KATHMANDU, May 15: Economists and former bureaucrats have cautioned the government that the amounts realized in public borrowing are not being spent in productive sectors, giving the state an overburden of financial liabilities.

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.