Tuesday, August 3, 2021

Govt borrowed close to $10 billion from multilateral agencies in FY'21 to fund projects

Outstanding multilateral government debt amounted to $57.7 billion as of March 2021 compared to $48.3 billion as of March 2020, translating net fresh borrowing of $9.4 billion during the fiscal. In addition the government bilateral borrowing amounted $2.5 billion and another $209 million from the IMF.

from Economy-News-Economic Times https://ift.tt/37ie80A

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