HomeNewsOpinionBudget Snapshots: Interest payments eat up over a fifth of central government spending

Budget Snapshots: Interest payments eat up over a fifth of central government spending

The IMF projects the central government’s interest payments to rise to 3.7 percent of GDP in the next fiscal year

Moneycontrol Opinion

January 23, 2023 / 08:57 IST

Budget Snapshots: Interest payments eat up over a fifth of central government spending

IMF estimates that central government interest payments as a percentage of GDP will increase to 3.5 percent in the current fiscal year. (Representative image/Shutterstock Images)

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