The ministry raised its minimum domestic bond issuance for this year to 580 billion crowns from 400 billion seen in the original debt financing strategy released in December.
According to Finance Ministry figures, the federal government's expenditure during the last five months was Rs 2.4 trillion, of which Rs 244 billion was spent on debt repayment.
Adding to the tide of stimulus, the Reserve Bank of Australia (RBA) has slashed interest rates to near zero and launched a A$100 billion bond-buying program, saying creating jobs was a "national priority."