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
Is Ethiopia’s Sovereign Debt Sustainable?
Nazret - 10/28/2014 11:57:58 PM
... debt burden is partly due to the fact that Japan’s public debt is largely denominated in its local currency, and that the country is experiencing the lowest interest rate in the world. On the other hand, most sovereign debt issued by the Eurozone ...
Plan for caring and sharing to end extreme poverty in the world by 2030
The Irish Times - 10/30/2014 11:55:36 PM
and curtail public debt. Shared prosperity also has a global dimension. We need to attend to problems in our own nations but, in today’s globalised world, we cannot afford to be absorbed by it. In low-income countries, people live at levels of ...
Dar determined to cut public debt ratio to 55pc, deplores $4.5b loss
customstoday.com.pk - 10/30/2014 5:54:42 AM
“Similarly we are also going to reduce the public debt ratio from 63.9 per cent to 55 per cent in ... various questions to improve their understanding of the working of the country’s economy. To a question asked about the Asian Infrastructure ...
Policy recommendations for sound public debt management
Business Recorder - 10/27/2014 11:16:12 PM
Out of the $16 billion that the World Bank has loaned to Pakistan since the ... held in Islamabad to discuss the all important issue of the country's increasing levels of public debt. Held by Business Recorder in collaboration with PRIME, an Islamabad ...
UK Government to Repay £218m of First World War Debt
International Business Times - 10/31/2014 7:33:44 AM
He added that the government will continue working on its plan to grip the public finances and deliver ... The treasury noted that the country still has around £2bn of First World War debt outstanding. "The government is looking into the practicalities ...
Looking to Escape the High Cost of College? These 7 Countries Will Educate You for Free
Alter Net - 10/31/2014 4:37:45 PM
Two-thirds of American college students graduate with college debt, and that debt now tops $1.2 trillion ... Although this is happening in the world's richest country, there are many places abroad where college is virtually free. The Washington Post's ...
Britain to repay part of World War I debt
Eastday English - 10/31/2014 9:24:05 PM
LONDON - George Osborne, British Chancellor of the Exchequer, Friday announced that British government will pay off part of the country's World War I debt, as part of the redemption ... the war to attract the general public to make a patriotic investment.
Britain to repay part of First World War debt
Daijiworld - 10/31/2014 7:08:05 PM
London, Oct 31 (IANS): British Chancellor of the Exchequer George Osborne Friday announced that the British government will pay off part of the country's First World War debt as part of the ... war to attract the general public to make a patriotic investment.
IMF warns GCC countries of $175 billion hole created by falling oil prices
The National - 10/27/2014 1:43:33 PM
The IMF said that despite progress on fiscal consolidation, public finance deficits and debt levels in oil- importing countries were still high ... take into account recent payments made by Dubai World and Nakheel. The IMF is recalculating its estimate ...
The Great Depression
History - 10/20/2014 7:39:37 AM
The Great Depression (1929-39 ... forced to buy on credit fell into debt, and the number of foreclosures and repossessions climbed steadily. The adherence to the gold standard, which joined countries around the world in a fixed currency exchange, helped ...
It’s the Debt, Stupid!
GoldSeek - 10/30/2014 4:38:57 PM
What they should really fear is a bond market collapse or more specifically a debt collapse. A stock market collapse can cause considerable damage. Debt collapse could lead to bankruptcy and an economic depression. There is a lot more debt in the world ...
Uganda: Why Is Mzee Selling Our Country to China?
AllAfrica - 10/27/2014 11:59:09 PM
One of the least-debated topics in our country is the external ... debt put together means the public debt is now at $9.45bn! To understand the level of exposure, one needs to look at our GDP, which, according to the World Bank, is at $21.4bn.
The coming financial crisis: a harbinger of world renewal?
The People's Voice - 10/23/2014 11:56:45 PM
The impact of debt will, of course, be most keenly felt in developing countries ... If governments across the world intend to avoid the inevitability of economic upheaval, social unrest and public protest, they need to finally accept that the existing ...
The global debt trap
Worcester Telegram & Gazette - 10/29/2014 4:47:17 PM
WASHINGTON — Six years after the onset of the financial crisis, the world still has too much debt ... that emerging-market countries "could be at the epicenter of the next crisis." Presumably, this would mean losses on public and private bonds and ...
Government to begin paying off WW1 debt, announces George Osborne
The Daily Express - 10/31/2014 8:59:38 AM
"I am delighted to be able to announce today that we will repay part of the country’s First World War debts. "We are only able to take this action today thanks to the difficult decisions that this government has taken to get a grip on the public finances.