Sunday, September 10, 2023

India's external debt-service ratio at 5.3 pc within comfort zone, says FM

The long-term debt constituted 79.4 per cent of total external debt, while short-term debt, which is 20.6 per cent of the total external borrowing, is basically incurred to finance imports, enhancing the stability aspects of the total external debt, she said.

from Economy-News-Economic Times https://ift.tt/wfOzJZV
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