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
Australia Third Best Country In The World For Retirees
International Business Times - 2/27/2015 6:41:29 PM
Australia has been named one of the best countries in the world to retire. In the 2015 Global Retirement ... According to Natixis, Australia has relatively low levels of public debt and inflation. The country also has a strong bank balance sheet with ...
Europe's Woes and the World's Poor
The Huffington Post - 2/27/2015 6:02:42 AM
Or should that be done through a blast of public investment financed with yet more accumulation ... How those questions are answered will affect some of the world's richest countries--the likes of France, Germany, and Italy. Usually ignored, it will ...
Public Debt Management Agency will bring India's external and domestic debt under one roof: Jaitley
The Hindu - 2/28/2015 7:01:46 PM
is the deepening of the Indian Bond market" The government’s intention to set up a Public Debt Management Agency (PDMA) is not only required for the development of the bond market in the country, but it would also prevent leakages of public funds.
Ken Clarke: 'unsustainable' debt and deficit will suck UK into low growth trap
Daily Telegraph - 2/28/2015 8:56:18 PM
Britain will become stuck in a low growth trap unless policymakers tackle the country's "unsustainable deficit and debt" and ... the western world, including the UK. "The idea that you can go around trying to win votes by hiring more public sector workers ...
"Emperor Has No Clothes" - EU Warns of Debt Dangers Facing Ireland and EU
Forex Street - 2/26/2015 12:01:48 PM
High “structural” unemployment, high levels of public and private debt ... across the world - Levels of spin and denial not seen since before the crash of 2008 A report by the EU to be published today reviewing the economies of European countries ...
AP Interview: Greece to seek talks on debt rescheduling
Associated Press - 2/28/2015 1:46:49 PM
ATHENS, Greece (AP) — Greece intends to start discussions with its creditors on debt rescheduling in order to make the country's massive debt sustainable ... a menu of swaps between new instruments, new public financially engineered instruments and ...
Greece Stirs Doubt on Debt Owed IMF
Wall Street Journal - 2/28/2015 5:25:44 AM
Greece’s cash-strapped government suggested in the past week that it might default on some of the debt it owes ... around the world. Failure to pay the IMF would fuel worries that Greece’s government could stiff all the country’s creditors.
Greece debt: PM Alexis Tsipras rules out third bailout
BBC - 2/27/2015 9:33:17 PM
Greece will not need a third international debt bailout when its current programme ends in four months, the country's prime minister has said ... doubts about the deal and there was substantial public scepticism in the EU's leading economic power, the ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
EU Warns of Debt Dangers Facing Ireland and Euro Zone – “Emperor Has No Clothes”
GoldSeek - 2/26/2015 2:03:30 PM
found “excessive macroeconomic imbalances” continue in 16 countries. The EC on Wednesday sent a strong signal to Member States to carry out structural reforms and to continue consolidating their public finances. High unemployment, high debt levels and ...
Miliband warns of £281bn fees debt
The Shields Gazette - 2/27/2015 12:19:07 AM
Ed Miliband will claim the tuition fees system is on course to saddle the country ... with debt today and set to weigh down the taxpayer with more debt tomorrow. This is a system that will have added an extra £16 billion more than predicted to public ...
Germany's debt to Greece
Neos Kosmos - 2/26/2015 11:57:38 PM
The SYRIZA government claims Germany owes it around €162 billion ($A236 billion), half the country's existing public ... external debt from the pre- and postwar era was agreed, while "considerations of claims arising out of the second world war" were ...
Uganda: Won't All This Public Debt Sink us?
AllAfrica - 2/25/2015 2:54:48 PM
The exception, I think, is the World Bank. That is the tragedy of ... As a result, our public debt has hit about $8 billion yet our total wealth (GDP) as a country is $21 billion. A country is not allowed to borrow more than half of its GDP, but you ...
Debt. What is it Good For? Some Surprises
Safe Haven - 2/27/2015 9:47:36 PM
Radical political changes are taking place in many countries around the world as populaces become despondent with low income growth, unemployment and austerian financial policies. Out with austerity and loosen the purse strings on public debt, is the chant.
A contrarian’s view on the great Greek debt crisis
Gulf News - 2/28/2015 3:02:34 AM
After all, the country’s debt ... closely tracking the Greek debt talks, and he is planning another trip to Athens soon to push his ideas on the new Greek government. He has put together a team of 100 economists, accountants, public relations experts ...