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FM Sitharaman compares India's debt with Japan, US; shares graph
short by Debaroti Adhikary / on 14 May 2024,Tuesday
Finance Minister Nirmala Sitharaman took to X on Monday to compare India's debt level to that of other nations. "India had debt-to-GDP ratio of 81% in 2022 [which is] significantly lower than...Japan (260.1%), Italy (140.5%), USA (121.3%), France (111.8%), and UK (101.9%)," she said. "[When compared] with other Low and Middle-Income Countries, India's external debt scenario is robust," she added.
short by Debaroti Adhikary / 02:18 pm on 14 May
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