KATHMANDU: The Nepal Rastra Bank (NRB) has collected a total of Rs 175 billion rupees from the internal loan to be collected in FY 2019/20 till date.

According to NRB spokesperson Dr. Gunakar Bhatta, the bank collected the loan through the Treasury Bill and development loans.

“A total of Rs 75 billion has been collected through the issuance of Treasury bills whereas the development debenture has contributed 100 billion in the internal loans,” Dr Bhatta said.

The government has earlier stated that it would arrange Rs 195 billion from internal loan, which later was brought down to Rs 193 billion.

NRB has made a schedule to collect the internal loan and so far has been able to meet its target.

Spokesperson Bhatta said out of the Rs 18 billion due to be collected for the current fiscal year, Rs 15 billion would be collected via Treasury bill issuance again.

“The rest Rs 3 billion will be collected from the civil savings,” he added.

The NRB’s schedule hails that 46.5% would be collected from Treasury bill, 51.28% from Development Debenture, 2.05% from civil savings and 0.51% would be collected from foreign employment in the financial year 2019/20.