• Dr. Bushara M.V

Economic growth and public debt are two interrelated factors that significantly influence the stability and development of any country, particularly in the context of developing nations. Economic growth refers to the increase in a country’s output of goods and services, measured by its Gross Domestic Product (GDP), and serves as a crucial indicator of a country’s overall economic health and development. On the other hand, public debt refers to the total amount of money that a government borrows from domestic and international sources to finance its activities, such as infrastructure projects, social welfare programs, and public services. Public debt plays a crucial role in macroeconomic policy, serving as an essential tool for achieving long-term economic development and financial stability. Governments often borrow funds to bridge the gap between revenues and expenditures. For sustainable economic growth, borrowing must be guided by a well-planned, long-term strategy focused on financing capital- intensive projects and development initiatives. Public debt is generally classified into two categories: domestic debt and external debt.

Key words: Economic growth, public debt, sustainable economic growth, development initiatives.

"The Relationship between Public Debt and Economic Growth in Developing Asian Countries in Case of India and Bangladesh", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 11, page no.a383-a391, November-2025, Available :http://www.jetir.org/papers/JETIR2511042.pdf

"The Relationship between Public Debt and Economic Growth in Developing Asian Countries in Case of India and Bangladesh", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 11, page no. ppa383-a391, November-2025, Available at : http://www.jetir.org/papers/JETIR2511042.pdf