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
Wealthy countries must bolster public spending to avoid global slump, says UN
The Guardian - 10/7/2015 9:17:33 AM
UN’s trade and investment arm says prospects for global growth look bleak unless developed countries can boost growth rates Rich countries must boost public spending and kickstart growth if the world is to ... and debilitating debt crises, such as ...
What Country has the Most Unsustainable Debt? (hint: not Greece)
Value Walk - 10/7/2015 11:04:56 AM
Any funds borrowed accumulate as public debt, and will eventually have to be ... We built a map to compare the debt-to-GDP ratios of the world’s most representative economies. The size of each country on the map represents the level of debt — a ...
World Bank raises growth forecast for Vietnam to 6.2 pct, warns of rising debt
Thanh Nien News - 10/6/2015 4:13:55 PM
The World Bank warned that the country's outlook, though positive ... fiscal imbalances which are a concern especially when considering its rising public debt, according to the report. Compared to Thailand, where public debt remained moderate at 30.1 ...
World Bank tips Malawi on economic growth: Caution on subsidies splurge
Nyasa Times - 10/7/2015 7:30:11 AM
World Bank has tipped Malawi and other sub-Saharan Africa countries ... and the debt is also rising ,” he said. The World Bank has been arguing that Farm Input Subsidy Programme (Fisp), which currently takes up 70 percent of the agricultural public ...
World Bank tells Zimbabwe to cut wage bill
nehandaradio.com - 10/7/2015 4:41:22 PM
HARARE – The World Bank (WB) says Zimbabwe must quickly reduce ... noted government had to focus on reforms like domestic sourcing so that the country’s international debt would be manageable. Early this year, Finance minister Patrick Chinamasa ...
World Bank: Mongolia will see slower growth and lower public revenues this year
Ubpost Banner - 10/6/2015 2:05:04 PM
Meanwhile, the East Asia Pacific Economic Update, released by World Bank on October 5 ... including relatively low public debt levels, regulations restricting savings outside of the banking system, and the state’s dominant role in the financial system.
Kenya: World Bank - Kenya Set to Lead Africa in Growth Over 15 Years
AllAfrica - 10/7/2015 8:13:08 AM
Kenya's public debt remains around 40 per cent of GDP and the country has a current account deficit of about ... has been occurring faster than previously thought. According to World Bank estimates, poverty in Africa declined from 56 per cent of the ...
The 10 Most Competitive Countries in the World
GoldSeek - 10/6/2015 6:37:05 PM
Since 1979, the World Economic ... very worst countries in terms of burdensome government regulations, unethical business practices, effect of taxation on incentives to invest and hiring and firing procedures. Besides a loss of trust in public and private ...
Growth Slow-down presents opportunities - World Bank
Ghana Web - 10/7/2015 1:10:48 AM
The World Bank says the decline in growth rates in sub-Saharan ... generally larger fiscal deficits across the continent had led to rising government debt in many countries. “Although government debt-to-gross domestic product ratios look manageable ...
World Bank projects SSA’s growth to slow to 3.7%
Businessday - 10/5/2015 11:53:14 PM
Sub-Saharan Africa will see its economic growth slow to a six-year low of 3.7 percent, on account of drops in oil prices and other commodities, and worsened by weak global conditions, the World ... government debt continued to rise in many countries.
IMF, World Bank upbeat about Ghana's economy picking up from 2016
Modern Ghana - 10/7/2015 4:02:35 AM
Recent reports by the World Bank and IMF show the two institutions ... On the fiscal side, countries with room for fiscal stimulus, such as Germany, should use it to boost public investment, especially in quality infrastructure. Structural reforms are ...
Philippines among Top Performers in East Asia and Pacific, Says World Bank Report
The World Bank - 10/6/2015 10:58:57 AM
This scenario is likely because China has sufficient policy buffers and tools to address the risk of a more pronounced slowdown, including relatively low public debt levels ... and social protection,” said World Bank Country Director Motoo Konishi.
Rich countries need to boost demand if global slowdown to be avoided, UNCTAD report argues
UNCTAD - 10/6/2015 5:18:21 PM
Faced with a persistent shortage of demand, rich countries need to increase public expenditure ... In today’s overly-financialized world, stimulating the economy relies unduly on mounting debt and asset bubbles, with countries facing a difficult trade ...
Debt déjà Vu
Today's Zaman - 10/6/2015 2:05:04 PM
We are caught in a trap where debt ... today); but public debt rose relentlessly, and now exceeds 230 percent of GDP. Since the financial crisis of 2008, that pattern has been repeated elsewhere. In the United States and several European countries ...
The World’s Largest For-Profit College Company Is Going Public
BuzzFeed - 10/6/2015 5:04:02 PM
Laureate Education, the world’s largest ... is planning to go public as a “benefit corporation,” a new class of corporation that is legally obliged to consider its social impact in addition to profits. Laureate will be the country’s first legally ...