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
Rising global debt is increasing the risk of another financial crisis
Los Angeles Times - 7/29/2015 6:47:20 PM
Debt is piling up around the world ... high unemployment in Greece and some other countries. The second approach, adopted by the U.S. and China, pumped hundreds of billions of dollars into all kinds of public projects. But growth in these economies ...
Why Europe Is Drowning Beneath a Tidal Wave of Debt
News Week - 7/26/2015 3:23:18 PM
In 2011, Greece's public debt was €356bn and its debt to GDP ratio was ... was by no means unique – many countries in the developed world saw big build-ups of debt, whether by households, companies, financial institutions or governments.
Will Japan Survive Its Great Big Debt Disaster?
The National Interest - 7/30/2015 10:28:03 PM
But the world’s third-largest economy faces substantial challenges, and the reform program of Prime Minister Shinzo Abe, referred to as Abenomics, needs to accelerate. Without a more forceful push to tackle public ... country’s $8.8 trillion in debt ...
IMF warns Japan over its staggering national debt
CNN Money - 7/24/2015 11:58:05 AM
Japan's debt will be ... gigantic debt. The country is still recovering from a decades-long deflationary period, during which Tokyo borrowed ambitiously to fund programs aimed at boosting growth. Going forward, the IMF says the world's third-largest ...
Gh¢90 billion Ghana debt not unsustainable – Terkper
Ghana Web - 7/28/2015 2:13:31 AM
Let's face it," he said adding the country must change course if it has to deal with some of the power crisis and some of the difficult challenges facing the economy. He was speaking on Joy FM's Newsfile programme on Ghana's increasing public debt.
Mozambique: Debt Under Control
AllAfrica - 7/31/2015 8:29:21 AM
Mozambique's public debt is "tight", but under control ... The central bank has limited room for manoeuvre. It can dip into the country's international reserves and inject dollars into the Inter-Bank Exchange Market - but Sousa made it clear that the ...
How To Be A Leader When The World Is Disrupting All Around You
Forbes - 7/30/2015 7:04:38 AM
The pressures for setting policy in uncharted terrain are pretty overwhelming: an aging population; disruptive technology moving at warp speed, leaving people stunned and often jobless in its wake; income inequality and huge debt in the industrial world ...
IMF Executive Board Concludes Annual Discussions on CEMAC Countries Common Policies
MENAFN - 7/28/2015 7:21:20 AM
As a result of these and other debt-related developments regional public debt is rising ... Jul 28 2015 - 'Kuwait One Of Top Countries In World Suffering From Diabetes', Arab Times (MENAFN - Arab Times) The following is an interview with Dr Kazem Behbehani ...
From The Silents To Millennials, Debt Burdens Span The Generations
North Country Public Radio - 7/29/2015 9:17:40 PM
According to a new study by Pew Charitable Trusts, 80 percent of Americans have some form of debt — from student loans to credit card balances. There are many among the so-called silent generation, those born before World War II, who are still paying off ...
Easy Money, Falling Prices and Excess Debt: Oil Curse Hits Ghana
Bloomberg - 7/30/2015 8:01:54 AM
The World Bank estimated in 2009 that the ... to 9.286 percent since it was sold in July 2013. Public debt has almost doubled since 2007 to reach 68 percent of gross domestic product. The country may be headed for default in the next few years, Bloomberg ...
Indian music video celebrates fighter who avenged massacre by British
The Rakyat Post - 7/30/2015 11:03:51 PM
Singh travelled to England to avenge the atrocity and shot O’Dwyer dead in public in a London hall ... excesses were too often forgotten in the countries that suffered them. “ Europe has a debt to pay, but more than that (in) the formally colonized ...
Greece’s debt may not be so daunting
The Record - 7/24/2015 7:54:42 AM
Sure, its per capita GDP remains high — almost $26,000 in 2014, taking into account purchasing power parity, making it 44th in the world ... countries to which the IMF applies the low-income framework: most of its debt — 79 per cent — is held by ...
The euro is creating tons of problems for many European countries
The Business Insider - 7/30/2015 8:19:12 PM
Sometimes bad things happen to good economies. Take Finland. Its schools are among the best in the world, its government is among the least corrupt, and, for rich countries, its public debt is among the lowest. But despite the fact that the ...
National Debt Forgiveness Reduces Tax Efforts, Perpetuates Aid Dependence, New Research Finds
Busbyway - 7/27/2015 6:13:55 PM
The international finance community, which includes The World Bank and the International Monetary Fund, has earmarked as much as $400 billion for debt write-offs in more than 50 developing countries since 1996. Although a debt write-off may be considered ...
Arunma Oteh Appointed World Bank VP & Treasurer
Bella Naija - 7/24/2015 12:41:02 PM
in her capacity as one of the World Bank’s key representatives, with outside stakeholders including global private sector financial institutions, the financial media and the sovereign debt and reserve managers in client countries, as well as ratings ...