Nợ nước ngoài của Ấn Độ tăng 14%

External debt up 14 %

Special Correspondent
The Hindu
NEW DELHI, March 31, 2011

India's external debt, including commercial borrowings and non-resident Indian (NRI) deposits, went up by 13.9 per cent to $297.5 billion by the end of December 2010 from $261.2 billion as of March-end that year.

According to a Finance Ministry statement here, the country's long-term debt increased by $26.0 billion to $234.9 billion, showing an increase of 12.5 per cent. “The short-term debt showed an increase of $10.3 billion to $62.6 billion,” it said.

Of the country's total external debt, 21 per cent constituted short-term debt (original maturity) stock while the balance 79 per cent was long-term debt. The statement noted that of the total increase of $36.3 billion in external debt as of end-December last year, the valuation effect owing to depreciation of the U.S. dollar against major international currencies accounted for $5.3 billion (14.6 per cent).

“Excluding the valuation effect, the increase in external debt would have been $31 billion,” the quarterly statistics on debt position released by the Department of Economic Affairs (DEA) said.

Debt components

As for specific debt components, the share of commercial borrowings was the highest at 28.5 per cent, followed by NRI deposits (17 per cent) and multilateral debt (16 per cent). The government's (sovereign) external debt added up to $74.5 billion by the end of December as compared to $67.1 billion by the end of March 2010. In effect, the share of sovereign debt in the country's total external debt stock declined from 25.7 per cent to 25 per cent during the period.

The highest share in external debt was that of U.S. dollar denominated borrowings at 53.7 per cent at the end of December 2010, followed by the Indian rupee (19 per cent), the Japanese yen (12 per cent), SDR (9.7 per cent) and the euro (3.5 per cent).

Source: http://www.thehindu.com/business/Economy/article1588373.ece