Bilal9
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Umm no... accourding to times of india your public sector debt is $570bn. I am no expert in indian economics so going by the first article that came up.
Your debt is from international institutional lenders... its at low rate same as BD.... credit rating is not operational within these collective. Every country pays the same.
There is no relevance to reserves, no need to belive me, speak to an economist.
You are.... gave you an infographics that i did not produce... easy to check here...
https://www.visualcapitalist.com/global-debt-to-gdp-ratio/
Excellent graphic, shows how much India borrowed compared to its GDP which is way higher than Pakistan and of course triple that of Bangladesh of one goes by some estimates. The amount of borrowing and Chori is synonymous. I am sure a significant amount in India went to the pocket of Modi and his Sanghi cohorts.
Soon Saba Soon - chori ki dhoon...
Yeh hai tera India....
More on topic - Bangladesh is in the 30% debt to GDP ratio level.
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"The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP).
World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Using the World Economics GDP Database it is possible to see more realistic debt levels for each country.
Bangladesh's is officially reported as having a debt-to-GDP ratio of 41% by the IMF.
Using the World Economics GDP database, Bangladesh's GDP would be $1,160 billion - 38% larger than offical estimates, Bangladesh's debt ratio would be smaller at 30.1%."