Nepal’s rising debt signals economic stress
Edited By WION Video Desk
Published: Dec 27, 2024, 10:39 IST | Updated: Dec 27, 2024, 10:39 IST
Debt crisis has gripped major economies in 2024 - one such economy in Nepal. As of mid-December, Nepal’s public debt has surged to almost 2500 billion rupees, accounting for 43.69 percent of the nation’s GDP. To put this into perspective, for every 100 rupees Nepal generates, over 43 rupees are owed in debt.
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