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?
Indepth Africa - 10/30/2014 9:15:08 AM
... 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 ...
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 ...
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 ...
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 ...
Why And When Do Countries Default?
Investopedia - 10/26/2014 3:46:25 PM
The fact that many developing countries issue bonds in an alternate currency – often the U.S. dollar – helps explain why wealth plays such a big part in default risk. According to The World Bank, the probability of public debt default among all ...
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 ...
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 ...
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 ...
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 global debt trap
The Montana Standard - 10/19/2014 6:22:04 AM
WASHINGTON -- Six years after the onset of the financial crisis, the world still has too much debt ... says that emerging-market countries "could be at the epicenter of the next crisis." Presumably, this would mean losses on public and private bonds ...
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 ...
Red chalk self portrait of Leonardo da Vinci said to have mystical powers and hidden from Hitler during World War II goes on rare public display
Daily Mail - 10/31/2014 5:24:53 AM
The fragile and fading chalk sketch, which has only been put on show for the public three times in the ... to help pay off its vast national debt, the nation's media has suggested. The radical plan to put the world's best known painting on the market ...
Call for having debt audit commission
Dawn - 10/16/2014 4:31:05 AM
The country had the lowest tax-to-GDP ratio in the world and a taxation system that was characterised ... in Struggle for Empowerment (WISE), said a significant part of the public debt in Pakistan was illegitimate since it had resulted from deliberate ...
The top reasons behind the U.S. national debt
m.newson6.com - 10/30/2014 9:07:58 AM
Since it is a borrowing at a governmental or national level, it is termed national debt or government debt, or even public ... world, making it difficult for continued foreign investor confidence and investments in the U.S.Most importantly, the risk of ...
IMF-World Bank Structural Adjustment Programs (SAPs) ruined countries – fate of Sri Lanka?
Lankaweb - 10/15/2014 11:59:04 PM
Latin American socially oriented governments have rejected IMF’s neo-liberal policies after realizing that neither IMF nor World Bank have any ... because for getting loans countries have to follow IMF policies even for debt relief.