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
Government blames debt woes on cedi's fall
Modern Ghana - 11/27/2015 8:31:23 AM
A number of economists contend that the huge surge in the country's public debt stock in just one decade ... is one of the highest in the world. So for me the deteriorating terms of the debt structure is an area of concern that government must address ...
Country's oldest path lab chain to go public with Rs 638 crore IPO
wap.business-standard.com - 11/30/2015 7:23:24 AM
complete with zero debt and 14% net profit margin. But Dr Lal PathLabs has another facet to it -- history. Dr Lal PathLabs, which is offering 80 million shares in an initial public offer, is not only amongst the top pathology lab chains in the country but ...
Gov’t blames debt woes on cedi
Ghana Web - 11/26/2015 11:56:00 PM
A number of economists contend that the huge surge in the country’s public debt stock in just one ... is one of the highest in the world. So for me the deteriorating terms of the debt structure is an area of concern that government must address ...
Ireland's President calls for reform of global debt architecture in light of new development agenda
UNCTAD - 11/24/2015 9:10:44 AM
"The issue of debt is far too important to be left simply to the work of the World Bank or the International ... Minister of the Economy and Public Finance of the Plurinational State of Bolivia, described how his country's economy had in the last decade ...
The euro crisis was not a government-debt crisis
The Economist online - 11/23/2015 10:23:30 AM
It probably mattered that the first country to get into trouble was Greece, which did have a big public-debt problem in addition to its other ... and the prospects for a euro-area exit from the zero-interest-rate world are perhaps the worst in the world ...
Meet the 'snowball' — the crazy debt deal uncovered by an ex-Goldman banker that almost sunk Portugal's railway
The Business Insider - 11/26/2015 1:58:52 AM
A court battle between the Portuguese government and Santander is shedding light on a crazy debt deal that almost sunk the country’s railway system ... I noticed that banks took advantage of public sector entities when dealing in complex and structured ...
Ethiopia and the World Bank of Lies, Damned Lies and Statislies
Nazret - 11/30/2015 2:04:16 PM
I am seething in temporal temper over the World Bank’s “devilish art” of economic numerology ... stories of GDP growth under the T-TPLF as they bury that poor country in debt while being wined, dined and schmoozed over fine cognac and caviar in ...
Corruption Is as Bad in the US as in Developing Countries
Moyers & Company - 11/27/2015 3:26:34 PM
the world leader — or so we like to think — in clean government. These days, however, according to the Corruption Perception Index of Transparency International (TI), our country comes in only 17th in the least-corrupt sweepstakes, trailing European ...
Dawn - 11/23/2015 1:55:16 AM
Situated on the western tip of North Africa, Morocco is classified as a lower-middle-income country by the World Bank with ... dark clouds on the horizon including widening public sector deficits, growing debt levels and the continuing decline in commodity ...
Mozambique: Foreign Debt Remains Sustainable, Says Finance Minister
AllAfrica - 11/24/2015 7:30:31 AM
The foreign public debt grew by 55.3 per cent ... “We have to understand that the country can't just live on grants, even if we wanted to. The world looks at us and says ‘you're liberated, and you should look for alternative funding'.
Fiscal Harmony In World Markets? Mario Draghi Of European Central Bank And Janet Yellen Of Federal Reserve Look To Stabilize Economy In 2016
International Business Times - 11/29/2015 1:08:11 PM
Any proposal going forward is likely to include a mix of mechanisms -- most notably, quantitative easing, a policy aimed at regulating inflation and sparking growth in debt ... public deficits soaring. Greece and Spain, along with many countries ...
Portugal's Socialists to take power, backed by radicals
Arizona Daily Sun - 11/24/2015 6:47:34 AM
Portugal's eurozone partners have warned that it can't afford to stray from the path of economic reform and debt reduction. Costa's leftist alliance says it will reverse cuts in pay, pensions and public services, as well as tax increases that have brought ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
Click Here Now No economic conversation has captured the public's eye quite ... here are the five most debt-burdened nations, according to IMF estimates for 2013. Investors beware: These lagging leaders may not be the countries you expected.
Japan's Pension Whale Stands by Stocks After $64 Billion Loss
Bloomberg - 12/1/2015 3:18:50 AM
Sumitomo Mitsui Trust Bank Ltd. and Saison Asset Management Co. say that while the public may ... in equities around the world. The Japanese benchmark gained 0.9 percent as of 9:30 a.m. local time on Tuesday, while the MSCI All-Country World Index added ...
$100B Forgiven In African Government Debt, And It’s Back
AFKinside - 11/21/2015 11:54:46 PM
Under the Heavily Indebted Poor Countries initiative and other programs, launched by the IMF and World ... for public employees instead of projects that could speed growth and create jobs. Ghana’s government, for its part, blames the rapid debt ...