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, 2012See also: Public debt map
Rising Public Debt Is A Threat To Casinos
Market Realist - 12/19/2014 11:07:38 AM
The US has the largest debt burden in the world. The US debt-to-GDP ratio ... The increase in US public debt, beyond a certain point, threatens the nation’s economic growth. The country would have to increase taxes and cut spending to service the ...
Ebola-hit countries still servicing debt – Report
Punch - 12/21/2014 11:51:12 PM
Jubilee Debt Campaign said the repayments could have been used to increase public health spending to ... according to the World Bank, although the final cost could rise if the affected countries seek further aid to rebuild their economies.
Japan government vows to 'steadily reduce' new JGB issue in FY2015/16
Economic Times - 12/22/2014 2:38:49 PM
In a draft budget outline submitted to the top economic council, Tokyo also pledged to "do its utmost" to meet its goal of halving the country ... public debt. Japan's public debt tops twice the size of its economy, by far the worst in the developed world.
Public Finance Review in Croatia: Returning to a Path of Prosperity
The World Bank - 12/16/2014 2:10:09 PM
Despite this success, the country continues to struggle with fiscal management and debt – counting its sixth year of recession. The new Public Finance Review: Restructuring Spending for Stability and Growth Report from the World Bank analyzes the country ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
"External debt is more worrisome and important than public debt, as public debt is generally ... A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is ...
Buoying up the economy with public sector investments would be a game changer
The Times of India Blogs - 12/20/2014 9:54:52 AM
Though this goes against the current wisdom that focuses on reducing deficits and public debt it is more in consonance with the thinking of multilateral agencies like the World Bank and the ... developing and developed countries. For one such investments ...
What an $18 Trillion Debt Hole Looks Like
iwf.org - 12/14/2014 11:59:30 PM
of more than 200 countries listed by the World Bank, including the European Union and China. Watchdog.org’s Jason Hart helps bring some additional perspective: When President Obama took office Jan. 20, 2009, debt held by the public plus intragovernmental ...
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
While the United States total public debt is indeed the largest in the world, a broader context shows ... points away from inclusion in the top 10 countries with the worst debt-to-GDP ratios, listed below: Country Debt as Percent of GDP (2010 est.)
In 2014, countries are still paying off debt from World War One
Quartz - 10/31/2014 11:54:25 PM
Countries in Europe began marking the ... One—with debt just 2.7% of the economy in 1916. The surge in debt associated with World War One was financed largely by selling bonds to the US public and, in the aftermath, the US hit a new record high debt ...
Bitter Truths About The Economy The Jonathan Govt. Does Not Want Nigerians To Know
Sahara Reporters - 12/22/2014 3:43:15 PM
Notwithstanding poor policy choices, unprecedented corruption and theft of public resources ... ranking at 139th out of the 176 countries on Transparency International’s 2014 Corruption Perception Index. World Bank governance and business environment ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 PM
French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more bailout ...
U.S. Proposes Major Debt Relief for Ebola-Hit Countries
Inter Press Service - 11/12/2014 11:54:30 PM
The money would be re-invested in health and other public programming ... Called the Post-Catastrophe Debt Relief (PCDR) Trust, it is aimed specifically at responding to major natural disasters in the world’s poorest countries. Originally, the PCDR ...
EU: Greek defiance on debt would be 'suicidal'
Public Opinion - 12/15/2014 9:32:10 AM
ATHENS, Greece (AP) — A refusal by Greece to repay bailout debts would be "suicidal" for the country, the European Union's top finance ... "The idea of contemplating the possibility not to reimburse a huge debt is suicidal — it's not possible, you ...
S. Korea's public sector's debt hits USD815.9b
MENAFN - 12/20/2014 1:29:37 PM
According to South Korea's Finance Ministry, the country's public sector debt, that takes into account both general ... Los Angeles - Former Miss World and popular Bollywood actress Aishwarya Rai Bachchan will make her comeback with
Africa: U.S. Proposes Major Debt Relief for Ebola-Hit Countries
AllAfrica - 11/12/2014 11:54:30 PM
Last month, the World Health Organisation warned that the virus now threatens "potential state failure" in these countries ... looking at feeble public sector spending, it is impossible not to take into account often crushing debt burdens.