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
Brazil’s public debt: bigger than you think
Financial Times - 12/9/2014 9:20:47 PM
Brazilian officials are accustomed to shrugging off the country’s debt levels by comparing them with those of much more heavily indebted Europe. Although this misses the point – Brazil’s public debt is more burdensome than in most other countries ...
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 ...
World Bank Advises Croatia on how to Accelerate its Economic Recovery
thaipr.net - 12/17/2014 2:05:58 AM
According to Sanja Madzarevic Sujster, Lead Author of the Public Financial Reviewand World Bank Senior Country Economist for Croatia, “Debt sustainability analysis suggests that a fiscal adjustment of 4 percentage points of GDP will be needed over the ...
World Economic Crisis
Radio Free Europe - 12/12/2014 8:02:40 AM
The mounting public debt crisis in southern Europe is on the top of the agenda ... Transparency International has just released its annual index of corruption in countries across the globe. The Corruption Perceptions Index 2009 finds that high levels ...
Odious Debt: When Dictators Borrow, Who Repays the Loan?
Brookings - 12/11/2014 2:51:52 PM
Creditors, both private and public, would curtail loans to regimes identified as odious, knowing that successor governments would have little incentive to repay them. Such a reform would not only limit the debt burden of poor countries but also reduce risk ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
a picture forms of how likely or unlikely a country as a whole will be to pay back its debt. "External debt is more worrisome and important than public debt, as public debt is generally recycled back into the economy," says Josh Bivens, Economist at the ...
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 ...
African Countries Must Secure PPPs-Donald Kaberuka
Spy Ghana - 12/12/2014 11:30:15 AM
“However…Many of the countries that are borrowing to close the infrastructure gap have introduced positive reforms in debt management, public financial management and overall governance. There is still work to be done, but the situation is far from ...
GDP growth target of 7%, exports $32b: Dar lauds World Bank for financing CASA-1000, Dasu energy projects
customstoday.com.pk - 12/6/2014 4:30:51 PM
We shall take the GDP growth rate to 7pc, industrial growth to 8pc, fixed investment to GDP ratio to 22pc, fiscal deficit 4pc of the GDP, public debt under 57pc of the ... and optimum utilisation of the country’s physical and economic resources for ...
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
Even accounting for inflation, the total U.S. public debt--the amount of treasury ... percentage 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.)
Debts To Stabilize But Countries Still Vulnerable, IMF Says
jobs.aol.com - 12/18/2014 6:36:48 AM
but the International Monetary Fund warned the country may be forced to make new spending cuts. Italy's economy will shrink in 2014 for a third year running, while the public debt will continue to rise, the International Monetary Fund said on Thursday ...
Vietnam to raise capital of state debt and asset firm by 125 percent
Thanh Nien News - 12/12/2014 3:40:47 PM
Vietnamese Prime Minister Nguyen Tan Dung has approved a plan to raise the registered capital of the state-run debt and asset trading firm by 125 ... system by multiple ratings agencies, and the country expects economic growth beyond target this year ...
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 ...
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 ...
World Bank To Help Stabilise Ghana’s Economy
AFKinside - 12/6/2014 7:55:28 AM
The country’s external current account deficit has been ballooning while public debt has been rising rapidly. The local currency had been depreciating rapidly for not less than 15 months until a letup recently. Over the same period, inflation has risen ...