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
Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Daily News Egypt - 5/24/2015 6:58:12 AM
The public debt rate over the past two years came close to 100% ... it is applied in different countries of the world, including countries with the same economic characteristics as Egypt. On the other hand, there are other countries that do not follow ...
IMF urges Japan to take ‘bold action’ on reforms, huge public debt, or risk spooking markets
neurope.eu - 5/22/2015 6:56:24 PM
It pointed to the country’s wealth and stability, plus the fact that most of its public debt is held by the Bank of Japan and other Japanese financial institutions, as positive factors. The IMF said Japan needs a more credible plan to improve its public ...
World Bank to lend Albania up to $1.2 billion over 5 years
The Indian Express - 5/23/2015 12:28:40 PM
The World Bank has agreed to lend Albania up to $1.2 ... infrastructure projects and strengthening the private sector in Albania. The country suffers from rapidly rising public debt, which has reached 70 percent of gross domestic product, up from 60 ...
Curing America's Debt Woes With Infrastructure
Forbes - 5/22/2015 2:02:54 PM
Reinhart and Rogoff’s seminal economic paper from 2010, “Growth in a Time of Debt,” hypothesized that countries with ratios of public debt to GDP above 90 ... the country’s lousy infrastructure. The World Economic Forum calculates a long-term ...
Ghana: World Bank Boosts Ghana's Public Finance Reforms
AllAfrica - 5/22/2015 9:16:35 AM
High levels of debt, large fiscal deficits, and lack of fiscal space for public investments are major constraints to Ghana's economic growth, said Yusupha B. Crookes, World Bank Country Director for Ghana. Ghana has invested in programmes aimed at ...
Kiev Reneges On Its Debt Obligations
The People's Voice - 5/23/2015 7:16:41 PM
Kiev's parliamentary debt moratorium ... of the state and of the public sector." "It should be noted that granting such a right to the Government of Ukraine will affect neither the stability of the banking system of the country nor the exchange rate ...
A Rubio campaign blueprint, for all the world to see
Washington Post - 5/24/2015 2:54:49 AM
Much of Ayres’s book is an examination of public opinion on a range of issues. His conclusion is that, on the key issue of the role and the size of government, the country is center-right, not center-left. On debt and deficit, he argues that a Republican ...
Report: Illinois college chiefs living in 'fantasy world of lavish perks'
Chicago Tribune - 5/22/2015 6:13:27 PM
Illinois community college and university presidents are enjoying a "fantasy world ... public education's mission of providing affordable learning opportunities. "Higher education students in the state of Illinois are suffering under outrageously large ...
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 ...
Why One of the Wealthiest Countries in the World Is Failing to Feed Its People
Truth Out - 5/22/2015 3:43:07 PM
Wendy Wills, an expert in food and public health ... groups play an important and longstanding role in this country's social fabric, running food banks, helping the homeless and tackling debt and addictions, such as alcoholism and gambling.
U.S. Proposes Major Debt Relief for Ebola-Hit Countries
Inter Press Service - 11/12/2014 11:54:30 PM
Last month, the World Health Organisation warned that the virus now threatens “potential state failure” in these countries ... looking at feeble public sector spending, it is impossible not to take into account often crushing debt burdens.
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 PM
Countries that ran wild with spending through the boom years are now seeing their debt problems come home to roost. We've ranked the 15 states with the worst debt to GDP ratios, and added CDS prices (where available) to point out what the market thinks of ...
Greek minister says Athens cannot make IMF debt repayments
theguardian.com - 5/24/2015 11:58:51 AM
Shut out of the bond markets and with bailout aid locked, cash-strapped Athens has been scraping state coffers to meet debt obligations and to pay wages and pensions. After four months of talks with its eurozone partners and the IMF, the country’s Syriza ...
Lear Is A Worldwide Producer Worthy Of Your Portfolio
Seeking Alpha - 5/22/2015 8:26:28 AM
Unless you live in an area with ample amounts of public transportation ... distribution systems to every major automotive manufacturer in the world. They have operations in 34 countries and are one of only two independent seat suppliers with global ...
Greece’s Debt Crisis Explained in 20 Charts
Greek Reporter Greece - 5/23/2015 4:36:13 AM
Friends often ask me to opine on the Greek debt crisis. They are looking for some insight ... How bad? One group ranks the country 130th in the world… Source: The Heritage Foundation and The Dow Jones Company, 2015 Index 15. OK, so catch me up.