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
Debt in the Western world – divergence from the convergence criteria
intellinews.com - 4/29/2016 12:45:24 PM
The world used to be divided into “haves and have nots ... The result has been an explosion in the size of public debt burdens in Western countries, twinned with increasing budget deficits that prevent them from taking any meaningful action to ...
FactCheck: was Barnaby Joyce right about Australia’s debt under Labor?
THE CONVERSATION - 5/2/2016 2:54:52 AM
When they handed government back to us, all your listeners owed the world hundreds of billions of ... The point illustrated by Greece and many other countries through history is that foreign-owed public debt can create significant problems for the government.
Managing debt in our overleveraged world
Japan Times - 5/2/2016 9:42:53 AM
And yet today, more than ever, debt is fueling concern about ... The return to public investment is affected by the presence or absence of complementary reforms, which vary from country to country. And there is some potential for abuse, with expenditures ...
Mozambique: Mozambican Public Debt Now U.S $11.64 Billion Dollars
AllAfrica - 4/29/2016 7:16:07 AM
Maputo — Mozambique's total public debt stood at 11.64 billion US dollars, as of 31 December 2015, Prime Minister Carlos Agostinho do Rosario announced on Thursday. Speaking at a Maputo press conference called to explain the country's current economic ...
Caribbean countries urged to focus on tourism value
Curacao Chronicle - 4/28/2016 3:02:36 PM
The regional recession, however, masks the fact that most countries ... debt by 10 percent of GDP in 2015, and Grenada successfully completed a debt restructuring operation, which would lower its debt by 13 percent of GDP by 2017. “Despite this progress ...
The Economics Of Resolving The Global Debt Crisis
Seeking Alpha - 4/29/2016 4:55:57 PM
Global debt continues to climb at an alarming ... However, it is my impression that the general public are fully aware that policy has failed (for whatever reason), and that world "leaders" don't know what to do, with one or two exceptions.
World Bank halts disbursements in Mozambique over hidden debt
Modern Ghana - 4/27/2016 11:46:20 PM
After the International Monetary Fund suspended aid to Mozambique earlier this month after discovering the hidden debt problem, the World Bank confirmed Wednesday it was putting new allocations of budget support on hold while they review the country's ...
Assessing AMCON’s debt management roles in boosting nation’s economy
NATIONAL MIRROR - 5/3/2016 12:52:00 AM
With many countries operating debt-dependent economies, the implications of this for the global economic order indicate clearly that growth projections, as the World Bank and the ... The CBN hereby assures the banking public that the Nigerian banking ...
After 10 years, each Vietnamese burdened with additional $1,200 public debt
Vietnamnet - 5/4/2016 8:36:06 AM
Vietnam’s public debt includes foreign debt and domestic debt. Foreign creditors are usually bilateral partners, such as the World Bank (WB), Asian Development Bank (ADB), and the countries providing ODA loans to Vietnam as Japan, South Korea ...
Ghana’s economy will expand in three years – World Bank projects
Ghana Business News - 5/3/2016 1:16:27 PM
Ghana’s economy is projected by the World Bank to ... He said the country’s debt to Gross Domestic Product (GDP) was declining steadily, inflation was decelerating, the domestic currency was stabilising, growth in public debt was slowing and the ...
The Countries With the Highest Public Debt; Greece in Second Place
Greek Reporter Greece - 4/5/2016 3:15:34 PM
... health and risks of countries around the world, surprising data comes up regarding the level of gross government debt as a percentage of GDP. Here are the top 10 countries with the highest public debt: 1) Japan, 243.2% Japan’s economy is growing ...
World Precious Metals Market – Is Russia Planning a Gold Ruble?
CoinWeek LLC - 5/3/2016 10:06:10 PM
When the IMF is excluded, Russia ranks sixth among countries around the world in official gold reserves with over ... For example, Russia cut its foreign debt by 14% last year, a decrease of nearly $84 billion. Moreover, Russia continues to purchase ...
Is Mozambique The Greece Of Africa? A Fishy Tale Of $1B Hidden Debt
AFKinside - 4/27/2016 5:38:17 AM
Mozambique’s finance minister on Saturday came clean and admitted that the country ... Lagarde and World Bank officials. It was after this visit that the IMF announced on Saturday that it was evaluating the impact of the undisclosed debt secretly held ...
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.
Labourers, unite the world: new mantra by PM on Labour Day
Webindia 123 - 5/1/2016 12:21:34 PM
Greeting the workers and labourers on the May Day, Prime Minister Narendra Modi today came up with a new mantra of 'labourers, unite the world ... a debt on me and I can assure you that I will return your debt along with interest by developing the country ...