National Debt Monitoring & Fiscal Analysis Section

National Debt Monitoring & Fiscal Analysis Section

To strengthen economic transparency, fiscal accountability, and national financial resilience through continuous monitoring, analytical reporting, policy evaluation, and economic intelligence support.

The National Debt Monitoring & Fiscal Analysis Section is a specialized policy research, financial intelligence, and economic analysis unit focused on monitoring national debt, public finance management, fiscal sustainability, sovereign risk, and macroeconomic stability.

This section conducts data-driven analysis of government borrowing, budget deficits, public expenditure, taxation policies, fiscal risks, and economic vulnerabilities to assess their impact on national economic security and long-term financial stability.

Core Functions

  • National debt monitoring and sovereign liability assessment
  • Fiscal deficit and public expenditure analysis
  • Government borrowing and bond market tracking
  • Economic risk and financial stability assessment
  • Public policy and budgetary impact research
  • Inflation, currency, and macroeconomic trend analysis
  • Debt sustainability and repayment capability studies
  • International financial institution and global debt monitoring
  • Strategic economic intelligence and forecasting
  • Public awareness and policy recommendation reports

Key Areas Covered

  • Central and State Government Debt
  • External Debt and Foreign Borrowings
  • Fiscal Responsibility & Budget Management (FRBM)
  • Sovereign Credit Ratings
  • Banking and Financial Sector Stress
  • Economic Security Threats
  • Inflationary Risks
  • Taxation and Revenue Trends
  • Public Welfare Expenditure Analysis
  • Infrastructure Financing and National Development Funding

IBRD/IDA

The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries.

The International Development Association (IDA) provides interest-free loans – called credits – and grants to governments of the poorest countries.

Together, IBRD and IDA make up the World Bank.

India

As of Apr 16, 2026

Percentage of IBRD votes

2.95%

As of Dec 31, 2025

Percentage of IDA votes

2.96%

As of Apr 16, 2026

Percentage of IFC votes

3.95%

As of Jun 30, 2025

Percentage of MIGA votes

2.53%

Latest information on Voting Powers on worldbank.org website

As of Mar 31, 2026

IBRD

US$ 21,914,699,358

US$ 21,915 M

IDA

US$ 12,431,727,025

US$ 12,432 M