Danger Ahead, Caution Needed!

March 8, 2023 07:40 am

The rapidly growing public debt in Nepal is a cause for concern, and officials’ assurances that the country can handle public debt up to 53 percent of the country’s GDP should not be taken lightly. The government has been relying on loans to meet the regular expenditure of the country, which is not a good sign, and if not addressed, could lead to economic doom for Nepal.