What is Public Debt Sustainability ?

Public Debt

Introduction Public debt refers to the amount of money that a government borrows to finance its spending when tax revenues are not sufficient. It is one of the most important sources of funds to finance the development plans. A government can incur debt through various means. This includes borrowing from domestic or foreign sources, issuing … Read more

Economic Development of Nepal: Challenges

Introduction to Economic Development Before, we define the term ‘Economic Development’, we must know the meaning of Economic Growth. We often misunderstand the term ‘Economic Development’ with ‘Economic Growth’. Economic growth is nothing but the increase in the quantity and quality of the economic goods and services that a country produces. Growth only considers the … Read more