Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Public debt map
Vietnam’s public debt growing three times faster than GDP
e.vnexpress.net - 10/27/2016 2:15:34 AM
The country is digging itself into an ever-increasing ... with Credit Suisse as the mandated lead arranger. The World Bank forecasts that Vietnam’s public debt will climb to 63.8 percent of GDP this year and 64.4 percent next year. The growing debt ...
Land that debt forgot: tiny Pacific country of Niue has no interest in loans
The Guardian - 10/27/2016 6:00:28 PM
Atoll of fewer than 2,000 people clears its borrowings while hiking pensions and public sector pay, hoping to lure back expatriates but still live within its means One of the world’s smallest countries has declared itself debt-free and plans to spend the ...
Tough times ahead for VN on foreign loans
www.talkvietnam.com - 10/28/2016 3:18:48 AM
HÀ NỘI – A senior official of the Ministry of Finance (MoF) says Việt Nam needs to tighten its management of official development assistance (ODA) loans and mobilise private sector capital to ease the burden of public debt. Hoàng Hải, deputy head ...
Lee H. Hamilton: Federal debt is issue we should no longer ignore
Tulsa World - 10/28/2016 4:59:01 AM
This may not be foremost on their minds right now, but rarely do I address a public meeting at which ... in place that allow us to address the debt without interfering with the economic well-being of the country. We have used your information to see ...
Sovereign debt crises more likely, new mechanisms needed
UNCTAD - 10/25/2016 11:53:35 PM
The world needs a new mechanism to deal with sovereign debt crises, which represent a growing danger to the economic stability of many developing countries ... creditors cannot easily seize non-commercial public assets, sovereign debt faults bring major ...
UPDATE 1-Mozambique tells creditors debt levels "unsustainable"
Reuters - 10/25/2016 7:04:16 AM
The International Monetary Fund suspended assistance to Mozambique earlier this year when evidence of $2 billion in secret loans emerged and has insisted on external scrutiny as a condition for resuming financial aid to one of the world's poorest countries.
Cameroon: Interview - "Hardest-Hit Countries Should Act With More Urgency"
AllAfrica - 10/25/2016 1:59:27 PM
Should there be any fear of increasing public debt? We have seen increased ... Moreover, the 70 per cent ceiling is too high for a country that availed itself of HIPC debt relief 15 years ago. The joint World Bank/IMF Debt Sustainability Analysis (DSA ...
IMF PUTS TRUE COST OF APEC SUMMIT AT K3 BILLION KINA, TO BE FINANCED LARGELY BY DEBT
pngblogs.com - 10/26/2016 10:33:40 PM
While commentators, including myself, have questioned the severity and the way in which cuts have been made, all agree the government could not keep spending at the pace it has been given the collapse in revenue and rapid increases in public debt.
Global Debt Hits All-Time High
Seeking Alpha - 10/19/2016 7:11:23 AM
Global debt is at an all-time high: specifically, "nonfinancial debt," which is the combined debt of governments, households, and nonfinancial firms in the 113 countries that make up 94% of world GDP ... growing again - and public debt can be a way ...
Still On Debt Profile And Debt Management
Leadership - 10/25/2016 2:03:37 AM
The debt situation was also intensified by large public deficit relatively free ... has become one of the most pressing issues in the world’s political and economic relationship for Less Developing Countries (LDC) like Nigeria. In essence, what matters ...
A near-debt experience
www.valueresearchonline.com - 10/26/2016 1:51:06 PM
Of the ten, only Australia is at the bottom of the debt tables, meaning that it needs people rather than the money. The rest of the 9 are among the 42 countries that are above the world average for their Public Debt Ratios (64% of GDP): the US, Singapore ...
Don’t borrow above $22 billion, Debt Office tells Buhari administration
africabusinessworld.com - 10/23/2016 11:55:58 PM
of the Total Public Debt-to-GDP ratio for 2016 for the Federal Government was projected at 13.5 per cent. ”The maximum amount that can be borrowed (domestic and external) by the Federal Government of Nigeria in 2017, without violating the country ...
Global Debt Adds Up To $22,000 For Everyone Alive
moneyinternational.com - 10/24/2016 2:19:08 AM
Siginificant chunks are owed to other countries, such as the US and China. While the economy generates money, the scale of the debt is not too much of a problem. However, since the credit crunch a lot of private debt held by banks has switched to public ...
Oil find lumbers Ghana with huge debt - Report
Ghana News Agency - 10/21/2016 4:05:53 PM
Public spending has been cut by 20 per cent ... Under World Bank rules, it is not meant to provide such guarantees to countries that are assessed as high debt risks. The high interest rate and World Bank guarantee meant that the speculators would still ...
New solutions needed to tackle mounting sovereign debt crisis – UN trade and development agency
UN News Centre - 10/26/2016 10:05:02 PM
announced that in order to deal with sovereign debt crises – which are creating a growing threat to economic stability in many developing countries – the world is in need of new ways to tackle the problem. Such crises are an obstacle to achieving the ...