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Public debt accounts for 91% of Centre's Rs 94-trillion liabilities

Public debt accounted for 90.9 per cent of total outstanding liabilities as on March 31, 2020, said the quarterly report on Public Debt Management.

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The proportion of debt maturing in 1-5 years at 25.07% at end of March was almost close to its level of 25.09% on December 31.

Press Trust of India New Delhi
The government’s total liabilities increased 0.8 per cent to Rs 94.62 trillion at March-end 2020 as compared to the preceding quarter, a finance ministry report said on Tuesday.

Public debt accounted for 90.9 per cent of total outstanding liabilities as on March 31, 2020, said the quarterly report on Public Debt Management.

“Total liabilities (including liabilities under ‘Public Account’) of the Government, as per provisional data, increased to Rs 94,62,265 crore at end-March 2020 from Rs 93,89,267 crore at end-December 2019,” it said.

According to the report, the weighted average yield of primary issuances moderated further to 6.70 per cent during March quarter