https://www.taxtmi.com/news?id=25751 The Status Report details India's external debt level, currency and instrument composition, and recent shifts in sources: US dollar dominance, long term debt predominance, and significant roles for commercial borrowings, NRI deposits, short term trade credit and multilateral loans. Sovereign debt rose due to increased Special Drawing Rights allocations, while non sovereign debt growth was led by commercial borrowings and trade credit. Debt sustainability metrics improved: external debt to GDP eased, reserve coverage remained high, and the debt service ratio fell with projected declines in future debt service obligations. en-us Mon, 05 Sep 2022 16:40:31 +0530 Mon, 05 Sep 2022 16:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25751 The Status Report details India's external debt level, currency and instrument composition, and recent shifts in sources: US dollar dominance, long term debt predominance, and significant roles for commercial borrowings, NRI deposits, short term trade credit and multilateral loans. Sovereign debt rose due to increased Special Drawing Rights allocations, while non sovereign debt growth was led by commercial borrowings and trade credit. Debt sustainability metrics improved: external debt to GDP eased, reserve coverage remained high, and the debt service ratio fell with projected declines in future debt service obligations. News - Mon, 05 Sep 2022 16:40:31 +0530 https://www.taxtmi.com/news?id=25751