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, 2014See also: Public debt map
Italy's Future Hampered By Debt
Seeking Alpha - 6/22/2016 7:19:30 PM
Italy ranks 65th out of 189 countries for ease of doing business in recent World Bank studies ... an orderly restructuring of its debt to avert a default in coming years. Almost everyone agrees that Italy's public debt is unsustainable and needs an ...
To sustain 7.6% growth, activate stalled engines: World Bank to India
Zee News - 6/20/2016 5:20:11 PM
New Delhi: India needs to activate "stalled engines", including private investment and rural demand, to sustain 7.6 percent growth rate in the coming years, World Bank said Monday. The country's economy ... urban households and public investments do ...
What European Country Could ‘Brexit’ Next?
FORTUNE - 6/23/2016 11:28:51 PM
In Italy, much of public anger focuses on the impact of the euro on the country’s economy. The Eurozone’s third-largest economy, Italy’s debt-to-GDP ratio (currently above 130%, fifth-highest in the world) makes it both too-big-to-fail and too-big-to ...
E.U. Countries Warn Britain on ‘Brexit’: You’ll Pay if You Leave Us
New York Times - 6/19/2016 9:03:16 PM
With other issues pressing, including Greek debt ... public sentiment in Britain, but will have a contagion effect in other nations,” she said. Added to European instability, Ms. Schwarzer said, the immediate economic shock could badly damage countries ...
Dawn - 6/20/2016 1:42:26 AM
Facing the global financial crisis with one of the lowest public debt-to-GDP ratios in emerging Europe served the country well, but the public sector ... economic growth forecast to 3.6pc in its latest World Economic Outlook report from 3.2pc projected ...
World Bank approves $1 billion support for country’s competitiveness, disaster resilience
Pakistan Today - 6/22/2016 9:42:40 PM
The World Bank approved financing worth $1.02 billion using ... improved fiscal management through increased revenues, better coordination of debt management and making public spending more pro-poor.” Sindh Resilience Project (SRP) of $100 million ...
Brazil government proposes 20-year spending cap to tame public debt
Channel News Asia - 6/15/2016 5:11:47 PM
... of public accounts has cost the country its coveted investment-grade credit ratings. Meirelles said the spending cap could be relaxed after 10 years, by which time the government hopes Brazil's public debt situation will have improved. Federal ...
Africa: Unfounded Debt Fears Block Economic Recovery
AllAfrica - 6/23/2016 6:06:44 PM
In 1938, he slashed government spending, and unemployment shot up to 19 per cent. Deficits and debt Many countries had huge public debts when World War II ended. Despite such anxieties and calls for drastic spending cuts, governments continued to spend.
The 20 countries with the greatest public debt
weforum.org - 6/14/2016 11:53:50 PM
Japan, the world’s ... a massive debt. On 14 July 2015, the IMF released a report addressing Greece’s debt sustainability. The introduction in the report gives an accurate image of the country’s situation: Greece’s public debt has become highly ...
The 20 countries with the most public debt
MSN - 5/7/2016 11:55:57 PM
So with the referendum looming, we take a look at the countries around the world that ... to tackle the massive debt. The figures, taken from a 2015 report by the International Monetary Fund (IMF), show countries with the highest public debt as a ...
Spain’s public debt surpasses 100% in 20-year high
Breitbart News - 6/15/2016 10:52:24 AM
Madrid (AFP) – Spain’s public debt rose above 100 percent in the first quarter to ... on a coalition government following inconclusive polls in December. The country in 2014 posted its first full-year of growth since a 2008 property crash which put ...
External debt remains manageable, says BSP
Philstar - 6/20/2016 1:49:36 AM
About 63 percent of the country’s external debt is denominated in dollar while 12.4 percent are in Japanese yen. About 12.5 percent of the external debt are dollar-denominated multi-currency loans from the World Bank ... The public sector debt amounting ...
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.