Kathmandu. In the first month of the current fiscal year 2082/83 BS, more than Rs 14 billion in government debt has been added. According to the report of government debt published by the Public Debt Management Office till mid-July last year, the total public debt was Rs 2,669.57 billion at the beginning of the current fiscal year, which increased by Rs 14.02 billion to Rs 2,683.60 billion by mid-July. This is estimated to be 43.94 per cent of gdp, according to the Public Debt Management Office.

The share of foreign debt in total public debt is 52.26 percent or Rs 1,402.47 billion, while the share of internal debt is 47.74 percent. According to the office, the government has already raised Rs 44.57 billion in public debt by mid-July against the target of Rs 595 billion for the current fiscal year.

Total public debt receipts are equal to 7.48 per cent against the annual target. Of the target of raising Rs 362 billion in the domestic sector, 11.05 per cent or Rs 40 billion has been raised in the first month.

According to the office, loans worth Rs 4.57 billion, or 1.96 per cent, have been raised in July against the target of Rs 233.66 billion.

Similarly, rs 411.01 billion has been allocated for paying the principal interest on government loans in the current fiscal year, out of which Rs 36.68 billion has been paid till mid-July.

According to the Public Debt Management Office, the budget allocated for paying the principal interest on government loans on the basis of the annual budget allocation is equal to 8.93 percent.