In the five months of the current financial year (July to November), government debt has increased by 58 billion 31 crore rupees. Along with this, the Public Debt Management Office has stated that the outstanding public debt of the government till the end of last December has remained at 24 trillion 92 billion 41 crore rupees.

The outstanding public debt at the end of last June was 24 trillion 34 billion 9 million rupees. 

As of last December, the outstanding debt comes to 43.69 percent of the Gross Domestic Product (GDP). The office said that the total outstanding public debt is Rs 12 trillion 17 billion 66 crore (21.34 percent of GDP) and external Rs 12 trillion 74 billion 74 crore (22.35 percent of GDP). 

Public debt liabilities have declined in recent months due to fluctuations in exchange rates. ``In the last month of November, 58 billion 24 billion debt obligations were paid and 21 billion 23 billion were received,'' the report of the Public Debt Management Office said, 'Due to the effect of the fall in the exchange rate, the debt obligations decreased by 25 billion 64 billion in November compared to the end of last November. ' 

Fluctuations in the exchange rate of other foreign currencies, including the US dollar, also lead to losses on public debt obligations. When the exchange rate of other currencies including the dollar decreases, Nepal gains, and when it increases, it loses. 

Changes in Nehru's exchange rate with foreign currencies have caused variations in the volume of external debt. Compared to mid-June 2079, there was a foreign exchange loss of 59.16 billion rupees due to the devaluation of Nehru against foreign currency in mid-June 2080.

In 4 out of the last 7 financial years, there has been a loss due to exchange rate changes, while in the remaining years, there has been a profit. In the financial year 2079/80, there was a loss of 59 billion 15 million rupees. But in the financial year 2080/81, there was a profit of 4.23 billion exchange rate. According to the monthly report of the office, Nepal benefited due to the exchange rate in all months of this year. 

Since the public debt has been continuously increasing in recent years, the government's liability is also increasing and if this trend is not stopped, economists say that there will be risks in the future. 

Especially after the 072 earthquake, Nepal took a huge loan and some public loans were used in unproductive areas. It seems that the size of the capital expenditure is decreasing with the union as the budget has to be allocated to the local level and the province along with the salary and allowance obligations to the government.  According to the

report, in the current fiscal year, 4 trillion 2 billion rupees have been allocated for debt service (paying interest-interest), and 1 trillion 83 billion 59 billion rupees have been paid up to the end of November. This is 42.35 percent based on annual budget allocation and 2.99 percent based on GDP. 

Statistics show that the public debt base is increasing every year. According to this, the public debt of Nepal in 2073/74 was equal to 6 trillion 97 billion 68 billion. In 2074/75, such debt reached 9 trillion 17 billion. Public debt reached 10 trillion 48 billion in 2075/76, 14 trillion 33 billion in 2076/77, 17 trillion 37 billion in 2077/78, 20 trillion 13 billion in 2078/79, and 22 trillion 95 billion in 2079/80. As mentioned in the reports.

This year, the government has set a target of raising public debt of 5 trillion 47 billion rupees. According to this, till November, 1 trillion 92 billion 29 crore rupees have been raised. "Compared to the annual target, the total public debt is 35.15 percent," the report said, "of which the share of internal and external debt is 49.70 percent and 82 percent respectively." 88 billion 70 crore 62 lakh rupees external debt should be raised.

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 coming fiscal year, 12 trillion 60 billion 30 million from revenue and 52 billion 33 billion from foreign grants will be less than 5 trillion 47 billion 67 billion," the budget statement said, "to make up for the low  2 trillion 17 billion 67 crores will be collected from foreign loans. The net 3 trillion 30 billion that will not be reached when mobilizing revenue and mobilizing foreign aid will be covered by internal debt.' Economists say that this is the product of continuous increase in internal and external debt. They say that the increased debt liability poses a threat of financial imbalance when the level of capital expenditure has decreased and the budget allocation for financial arrangements has increased.