Public Debt means

• A. Borrowing by a Government from abroad and does not include borrowing from within the country
• B. Borrowing by general public, private individuals or association of individuals from the Government which they need to repay to Government under the prescribed terms and conditions
• C. Borrowing by General Public in the form of loans or advances from the Government, Local Bodies, Government owned financial institutions
• D. Borrowing by a Government from within the country or from abroad, from private individuals or association of individuals or from banking and non-banking institutions