Share of Foreign debt has increased to 47% of total debt by April 2022​

dc.contributor.author	Raj Prabu, Rajakulendran
dc.date.accessioned	2023-09-14T12:01:10Z
dc.date.available	2023-09-14T12:01:10Z
dc.date.issued	2022-08-16
dc.identifier.uri	https://archive.veriteresearch.org/handle/456/6000
dc.description.abstract	Foreign debt as a percentage of total outstanding government debt increased from 37% at the end of 2021 to 47% in the first quarter of 2022. On average for the past decade domestic debt has accounted for 56% and foreign debt has accounted for 44% of total outstanding government debt. The rupee value of the country’s foreign debt increased by 68% from February to April 2022, following the depreciation of the exchange rate in March 2022. This was the main contributing factor for the increase in total outstanding government debt.	en_US
dc.language.iso	en	en_US
dc.publisher	Verité Research	en_US
dc.subject	Economic Research - Public Finance	en_US
dc.subject	Government Debt	en_US
dc.subject	Depreciation of Exchange Rate	en_US
dc.title	Share of Foreign debt has increased to 47% of total debt by April 2022	en_US
dc.type	Infographics	en_US
dc.project.code	CIPE06 PFP	en_US

Share of Foreign debt has increased to 47% of total debt by April 2022