Domestic Debt Increased By 26.8 Percent In FY 2077/78

August 29, 2021 | Investopaper

The total domestic debt has increased by 26.8 percent in FY 2077/78. The debt had increased by 13.6 percent in the corresponding period of the previous year. According to the ‘Current Macroeconomic and Financial Situation of Nepal (Based on Annual Data of 2020/21)’ published by Nepal Rastra Bank , the claim of the monetary sector over the private sector has increased by 26.3 percent in the review year. Such claims had increased by 12.6 percent in the previous year.

Similarly, the deposits of banks and financial institutions increased by 21.4 percent in the fiscal year 2077/78. Such deposits had increased by 18.7 percent in the previous year. Current, savings and time deposits accounted for 10.4 percent, 34.2 percent and 47.0 percent of the total deposits respectively.

Likewise, the loans by the banks and financial institutions to the private sector increased by 27.3 percent in the fiscal year 2077/78. Such loans had increased by 12 percent in the previous year. Of the credit to private sector, commercial banks’ credit flow increased by 27.8 percent, development banks’ credit increased by 30.5 percent and finance companies’ credit decreased by 6.3 percent during the review period.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!