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
IMF: Ghana could be HIPC by the end of 2015
Ghana Web - 4/18/2015 2:18:46 AM
According to the United Nations and World Bank, any time a country's public debt hit or crosses the 70% of its Gross Domestic Product (GDP), then that country can be described as highly indebted. That means it would be difficult for that country to settle ...
The Debt Dilemma
PROJECT SYNDICATE - 4/18/2015 8:02:22 AM
Given this, the world needs to find both less credit-intensive ... A more effective approach would employ a broader range of tools, including debt restructuring. In some countries, sales of public assets and the levying of one-off wealth taxes would ...
Bolivian Independence from the World Bank and IMF
teleSUR - 4/15/2015 11:57:59 PM
Despite the recent capital loan, overall Bolivian public debt to the World Bank has fallen ... to lessen its dependency on the IMF and the World Bank through increasing government royalties from the country’s hydrocarbon reserves (a policy that the ...
Slow growth, Greek crisis, Ebola on menu as IMF, World Bank meet
The Business Insider - 4/16/2015 2:42:37 AM
AFP/File Louisa GouliamakiProtestors march on April 9, 2015 with a banner reading "Write off the debt now ... gather for the World Bank and IMF Spring meetings. With high unemployment festering in advanced economies, and emerging countries entering ...
Huge debts await Buhari, in-coming govs… Details of debts owed by each state… What OKONJO-IWEALA says about this
Osun Defender - 4/18/2015 9:35:25 AM
The huge debt stock, if not properly managed, can hamper the delivery of democracy dividends. According to external debt figures released by the DMO, Lagos State is the most indebted state in the country with ... Nigeria’s total public debt stock ...
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.
CORRECTED-HIGHLIGHTS-IMF, World Bank 2015 spring meetings in Washington on Thursday
Reuters - 4/17/2015 6:30:30 AM
And it was eventually granted to a couple of developing countries ... WORLD BANK PRESIDENT JIM YONG KIM ON CHINESE SHADOW BANKING "I think we feel overall that the Chinese authorities are very much on top of the current situation of indebtedness, public ...
IMF Reports Debt and Human Crises Drive Uneven Growth
Truth Out - 4/16/2015 1:55:30 PM
The latest World Economic Outlook Report ... The year before the disease first took hold in Guinea, that country spent more money on debt than on public health. In February, the IMF announced $100 million in debt relief for the three countries and created ...
Greece, creditors to hold more debt talks Saturday
Yahoo News - 4/18/2015 3:58:59 AM
Brussels (AFP) - Greece and its international creditors will meet Saturday in Paris to discuss Athens' massive debt bailout programme and reforms ... capital Riga where the finance ministers of the 19-country eurozone will have the opportunity "to take ...
HIGHLIGHTS-IMF, World Bank 2015 spring meetings in Washington on Friday
Yahoo Finance - 4/17/2015 11:05:30 PM
WASHINGTON, April 17 (Reuters) - The following are highlights of the International Monetary Fund and World Bank meetings on Friday in ... sustained internal and external imbalances, high public debt, and geopolitical tensions." TURKISH DEPUTY PRIME ...
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
[See the 10 states with the largest budget shortfalls.] While the United States total public debt is indeed the largest in the world, a broader context shows that other countries face even more dire debt situations. One way to put debt in perspective is to ...
Greek bond yields soar as debt default fears swell
Public Opinion - 4/16/2015 7:36:06 AM
LONDON (AP) — Mounting fears of a Greek debt default have sent the country's borrowing costs in the markets surging higher. The latest jitters were stoked by a report Thursday in the Financial Times that Greece made an "informal approach" to the ...
OECD presses Japan to implement major structural reforms amid rising debt, lower living standards
Xinhua News Agency - 4/15/2015 12:09:18 PM
He added that Japan should increase its sales tax to 10 percent in April 2017 as the government has planned, and hike it again beyond 2017 if necessary, despite an inevitable public ... debt of this country, which is the highest in the industrialized world.
Stocks slip as investors eye US earnings, Greek debt drama
Keloland - 4/16/2015 10:20:45 AM
All told, Netflix finished March with 62 million subscribers around the world. Traders drove the company's stock ... GREEK JITTERS: Mounting fears of a Greek debt default sent the country's borrowing costs surging. The latest jitters were stoked by a ...
How much debt did each president leave for the country?
Washington Examiner - 2/16/2015 8:24:36 AM
President Franklin Roosevelt, who presided over most of World War II, left the country with more debt than every other president to date. Public debt as a share of GDP was at 95.7 percent in 1944, his last full calendar year in office. President Obama is ...