Wednesday, September 29, 2021

India's external debt prudently managed despite Covid-19: FM Nirmala Sitharaman

"Salient debt indicators such as external debt as a ratio to GDP at 21.1%, debt service ratio at 8.2%, and foreign exchange reserves to external debt ratio at 101.2% are in a zone of comfort," said Sitharaman. "The long-term debt constitutes the bulk."

from Economy-News-Economic Times https://ift.tt/3CRTSR6

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