The finance ministry reported a slight increase in the total gross liabilities of the government to Rs 160.69 lakh crore by December 2023 from Rs 157.84 lakh crore in September. Public debt comprised 90 percent of total gross liabilities during this period. The quarter saw fluctuations in Indian domestic bond yields, influenced by factors like declining crude oil prices, lower-than-expected domestic CPI prints, and news about possible inclusion of Indian Government Bonds in a major global emerging market index.
KATHMANDU, Oct 13: The government has stepped up its spending in the past few weeks, with the Ministry of Finance (MoF) releasing Rs 117 billion for payment of the government liabilities.
The government's total liabilities rose to Rs 150.95 lakh crore in December quarter from Rs 147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report.
The report released by the finance ministry on Thursday said public debt accounted for 92.28% of the total outstanding liabilities at the end of March. It was at 91.6% at the end of December last year.