Govt’s overseas debt at decade high in FY21 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Govt’s overseas debt at decade high in FY21

Outstanding multilateral government debt amounted to $57.7 billion as of March 2021 compared to $48.3 billion as of March 2020, translating net fresh borrowing of $9.4 billion during the fiscal. In addition the government bilateral borrowing amounted $2.5 billion and another $209 million from the IMF.

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