Tuesday, June 28, 2011

Changes in Domestic Debt: The Last Decade

Our domestic debt increased by more than 19 billion rupees in 2003 but government borrowings on the local market has been on a declining since then save 2009. So, have we become more resilient? Not exactly when you take a look at external debt and when you remember that these numbers exclude debt contracted by parastatals and private companies.

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