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        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>External debt rises, increasing long-term obligations and dollar exposure while valuation effects shape totals.</h1> External debt rose to USD 736.3 billion at end-March 2025, lifting the debt-to-GDP ratio to 19.1 per cent; a US dollar valuation effect partly explains the increase. Borrower composition is led by non-financial corporations, the government, and deposit-taking corporations. Long-term debt constitutes the majority while the share of short-term debt declined although the short-term debt to foreign exchange reserves ratio increased. Dollar-denominated liabilities are the largest currency exposure and loans are the largest instrument category.

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