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Nepal spends nearly 20% of annual budget on public debt repayment

KATHMANDU: According to a report published by the Public Debt Management Office, the government has spent nearly one-fifth of its revised annual budget on servicing public debt in the first 11 months of the current fiscal year 2024/25. By the end of Jestha (mid-June), the government paid a total of Rs 329.60 billion in principal […]