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External debt in comfort zone and better than many others, says FM Sitharaman

By Economic Times - 2 months ago
India's external debt-to-GDP ratio is 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 emphasized that India's external debt remains sustainable and prudently managed, highlighting the country's strong position compared to many middle-income countries.

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