Rising foreign debt puts Nepal’s economic stability and development goals at risk

KATHMANDU, July 4: he government is grappling with a growing burden of public debt, raising serious concerns about the country’s financial sustainability and its ability to meet long-term development goals. As of the end of the eleventh month of the current Fiscal Year (FY) 2081/82, Nepal’s total public debt has reached Rs 2.65 trillion, amounting to 43.47% of the national GDP, according to the Public Debt Management Office.