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India’s external debt remains within comfort zone and better than many others: Finance Minister

By Economic Times - 2 months ago
India's external debt-to-GDP ratio stands at 18.7%, with a debt service ratio of 6.7% and foreign exchange reserves-to-external debt ratio at 97.4%. Finance Minister Nirmala Sitharaman states that these metrics are within the comfort zone and better than many middle-income countries, highlighting the sustainability and prudent management of India's external debt.

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