India's total external debt has increased by$ 31 billion to$ 646.79 billion in 2023, according to World Bank International Debt Report. The report further said that interest payment increased from$ 15.08 billion in 2022 to$ 22.54 billion in 2023. While the long-term debt stocks have risen 7 per cent to$ 498 billion in 2023, short-term debt stocks declined marginally to$ 126.32 billion in 2023. According to the report, external debt stock as percentage of exports was 80 per cent, while debt servi
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2024-12-04 00:00:00.0