karan.1970
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On Table 157 posted previously it is exclusively mentioned 'END MARCH', as of December 2013 India's external Debt stand at $ 425.970 Billion
Incremental figures of A & B suggest that Indian Forex reserves Increase because of Increase of Foreign Loans, as you were commenting earlier in the context of Pakistan, further to note India actually lost $ 52.295 billion of foreign loan in Trade deficit over the period.
links already provided in my previous post.
so FD/FR ratio for India is 1.36 and not 1.25 as against Pakistan's figure of 6.. Arent we nit picking a little bit
Would you post any official document which can support your claim of 72 billion $ Foregin Loan of Pakistan.
Not my claim.. Its the claim of your own govt reported in DAWN.COM
there is no economic analysis in which economist take ratio of Total Foreign Debt and Foregin Reserves as Foreign Debt is the liability to be paid over the period, the right way to analysis the F.Debt to F. reserve is Short Term F.Debt/ Forex Reserves.
External debt/Forex reserves serves the purpose of a country's ability to cover the loans that it has already taken and hence plays a role in determining the credit worthiness of the country which in turns dictates the interest rate at which future loans can be taken. Short term F Debt/Forex reserves is more in line with loan servicing capacity of the country and a more accurate ratio to be used there is (sT F Debt+ interest on LT F Debt) / Forex reserves