Through the treasury bill, the government is going to raise domestic debt equal to 18 and a half billion rupees on Monday. The Public Debt Management Office has issued a notice and said that it is going to collect 18.5 billion rupees through the treasury bill.
The office is about to renew the old treasury bill which has completed the maturity period equal to the mentioned amount. It is mentioned in the notice that the treasury bill can be discussed on Monday (November 24th) till three o'clock in the afternoon. According to which, the treasury bill will be issued (distributed) on Tuesday.
Before this, the government has repeatedly been collecting internal debt through treasury bills, development bonds, citizen savings bonds, foreign bonds and other tools. At the same time, 18 and a half billion rupees domestic debt is going to be raised this time through the treasury bill.
The weighted average interest rate has been fixed at 2.99 percent in the last talk. Banks and financial institutions quoted the highest interest rate of 3 percent and the lowest of 2.31 percent.
The government has allocated 18 trillion 60 billion 30 million for the current year. Out of the total allocation, 11 trillion 40 billion 66 crores i.e. 61.31% are for current, 3 trillion 52 billion 35 crores i.e. 18.94 percent for capital and 3 trillion 67 billion 28 crores i.e. 19.74 percent for financial system. This expenditure estimate is 6.2 percent higher than the current fiscal year's allocation and 21.56 percent higher than the revised estimate.
Out of the estimated expenditure sources for the next financial year, 12.60 billion 30 million from revenue and 52.33 billion from foreign grants will be less than 5.47 billion 67 million. 2 trillion 17 billion 67 crores will be collected from foreign loans to meet the deficit. The government plans to raise net 3 trillion 30 billion from internal debt, which will not be reached through revenue mobilization and foreign aid mobilization.
