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
Rising Public Debt Is A Threat To Casinos
Market Realist - 12/19/2014 11:07:38 AM
Public debt grew from $17.8 trillion in September 2014 to $17.9 trillion in October 2014. The debt to gross domestic product, or GDP, ratio shows how much a country owes relative to its earning capacity. The ratio is useful for investors. It indicates a ...
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 ...
Economic Outlook Worsens for Ebola-Stricken Countries as Questions Over IMF Package Loom
Voice News - 12/18/2014 11:15:59 AM
Along with colleague Leonce Ndikumana, Boyce calculated that across the continent, for every dollar spent on debt payments, about 30 cents in public health spending is forgone — a figure that is doubtlessly higher in Ebola hit countries. According to ...
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 ...
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.)
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 ...
U.S. Proposes Major Debt Relief for Ebola-Hit Countries
Inter Press Service - 11/12/2014 11:54:30 PM
The money would be re-invested in health and other public programming ... Liberia and Guinea. IMF debt relief will promote economic sustainability in the worst hit countries by freeing up resources for both immediate needs and longer-term recovery efforts.”
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 ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 PM
French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more bailout ...
IMF-World Bank Publish Revised Guidelines for Public Debt Management
International Monetary Fund - 4/25/2014 6:05:54 PM
International Monetary Fund (IMF) and World Bank staffs have prepared and issued to the Executive Boards of both institutions the Revised Guidelines for Public Debt Management for information ... and reduce member countries’ external vulnerabilities.