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In just two months, the government's debt increased by $94.5 billion.

The amount of government debt has increased by Rs 94.52 billion in the first two months of the current fiscal year, 2081/82.

The Public Debt Management Office reports that by the end of August, the public debt, which was 24 trillion 34 billion 9 billion rupees at the start of the current fiscal year, had risen to 25 trillion 28 billion 62 billion rupees. As of now, the nation's gross domestic product (GDP) is equal to 44.32 percent of the entire public debt.

Domestic debt reached Rs 12 trillion 35 billion 90 billion by the end of August, up from Rs 11 trillion 80 billion 900 million at the start of the current financial year. Domestic debt as a percentage of GDP is equal to 21.66 percent. The government raised Rs 90 billion in internal debt and paid off Rs 35 billion in debt in these two months.

In a similar vein, there would be Rs. 12 trillion 92 billion 71 crores in outstanding foreign debt by the end of August. The amount of external debt at the start of the current year was 12 trillion 53 billion 19 billion rupees. The government has incurred 4.67 billion rupees in additional external loans during the past two months, totaling 14.5 billion rupees in principal and interest payments. The external debt to GDP ratio is 22.66 percent.

The government has set a target of generating Rs. 547 billion in public debt for the current fiscal year, but by the end of August, Rs. 1 trillion, four billion, and five crore in debt had already been raised, according to Prakash Pudasaini, Deputy Secretary of the Public Debt Management Office. The public debt for this period is equal to 18.66 percent of the annual objective.

The government has budgeted a total of four trillion rupees for the current fiscal year, with the goal of covering the principal and interest on the national debt. Principal and interest of Rs 47 billion 71 crore 51 lakh were paid before the end of August. The annual budget allotment for this period's main interest payment is 11.84 percent. The overall amount spent on debt service as of the end of August is equivalent to 0.84 percent of GDP.

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