At the beginning of the fiscal year, the total public debt stood at Rs 2,981.70 billion. During the first three months of the fiscal year, the government mobilized Rs 123.32 billion in loans. Additional factors influencing the total figure during this period included a profit of Rs 18.16 billion resulting from exchange rate fluctuations, offset by principal repayments totaling Rs 77.74 billion.
The composition of the country's debt remains relatively balanced between internal and external sources. External debt accounts for 53.13 percent of the total, standing at Rs 1,598.80 billion, while internal debt makes up 46.87 percent, amounting to Rs 1,410.31 billion. The government relies on both domestic and foreign borrowings to finance development projects, construction, public expenditure management, and budget shortfalls.
For the entirety of the 2083/84 fiscal year, the government has set a target to mobilize Rs 658.28 billion in public debt. As of mid-October, the Rs 123.32 billion received accounts for 18.73 percent of this annual target.
Domestic borrowing has outpaced external mobilization in terms of progress. The government has mobilized Rs 100 billion in internal debt during the three-month period, representing 24.39 percent of its annual internal borrowing target of Rs 410 billion.
In contrast, external loan mobilization has been slower. The government received Rs 23.32 billion against an annual target of Rs 248.28 billion, achieving just 9.39 percent of its external loan goal. Consequently, internal borrowing constituted 81.09 percent of the total credit received during the first quarter, while external debt made up the remaining 18.91 percent, reflecting a stronger reliance on domestic sources in recent months.
