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 end of 2015
Modern Ghana - 4/17/2015 8:32:11 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 - 4/17/2015 3:27:22 PM
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 ...
World Bank tells Malawi to maintain progress on PFM reform
Nyasa Times - 4/13/2015 11:53:11 PM
This put a lot of pressure on the country’s budget, which is expected to run a deficit of 5.9% of gross domestic product in 2014/15, coupled with a loss in budget support from donors, the World Bank said. Public debt has also risen sharply in recent ...
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 ...
Dawn - 4/13/2015 1:20:16 AM
The government debt reached 89.2pc of GDP and overall debt to GDP ratio crossed 100pc. The World Bank has ... next five years. The country’s draft budget for the next fiscal year envisages 9.5-10pc overall deficit and state/public debt of not more ...
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.
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 ...
Why Japan just passed China as the number-one buyer of US debt
Vox - 4/16/2015 9:23:29 AM
Japan has just overtaken China as the largest foreign government buyer of US government debt, which hopefully can mark ... So do towns, states, school districts, and other public agencies all around the country. But the US government makes US dollars ...
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 ...
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 ...
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 ...
Marsh: 5 reasons to be upbeat on world's economy
USA Today - 4/13/2015 4:43:42 PM
The International Monetary Fund, which hosts its spring meetings with the World Bank, has warned of prolonged lower growth that will keep debt high — and could ... Oil-importing countries, which include a large number of poorer developing countries ...
Ghana government team leaves for IMF and World Bank meetings
Spy Ghana - 4/16/2015 12:48:05 AM
the Ghanaian delegation will meet with the World Bank Vice President for Africa, as well as participate in seminars and forums. Analysts also see the Spring meeting as the first opportunity for Ghana to receive concrete pledges from donor countries and ...
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 ...
IMF sees mediocre global economy; emerging countries will decline
Jamaica Observer - 4/14/2015 11:59:10 PM
It also said in its semi-annual World Economic Outlook that ... area crises -- weak banks and high levels of public, corporate, and household debt -- are still weighing on spending and growth in some countries. Low growth in turn makes deleveraging a ...