Finance Minister Nirmala Sitharaman has said that India’s external debt is modest from a cross-country perspective. Total external debt rose by around 1 per cent to over $624 billion in 2023-24. According to a Finance Ministry report, the current foreign exchange reserve is sufficient to cover around 93 per cent of total debt. As on August 25, forex reserve was at $594.86 billion. (ICE NEW DELHI)

Fonte notizia: The Hindu