Handling Public Debt

The total outstanding debt of the government hit Rs. 2,518 billion in mid-November, 2024, up from Rs. 2,434.09 billion at the end of last fiscal year (FY) 2023/24. The total debt to GDP ratio grew to 44.14 per cent from 42.73 per cent of last FY. During the first four months of the current fiscal year 2024/25, the total outstanding debt has increased by 3.45 per cent (Rs. 83.96 billion) with an increase of 1.01 per cent in external debt and 6.03 per cent in internal debt.