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
Japan: Dementia lessons from the world’s oldest country
The Star - 11/22/2015 11:57:45 AM
No country has gotten older faster than Japan ... but Japan’s challenge is to stop a public health crisis from unspooling — while battling the world’s highest debt. There is little any government can do about changing the course of dementia.
10th UNCTAD Debt Management Conference (Opening Statement)
UNCTAD - 11/23/2015 11:56:34 AM
We know that public sector debt, when managed well ... fruitful and engaging deliberations on these issues that are of the utmost importance to your countries and to the world economy.
Ethiopia Poised to Become Middle Income Country By 2025 - WB
AllAfrica - 11/25/2015 11:18:24 AM
World Bank Report said. The report launched November 23, 2015, noted that fueled by substantial public infrastructure investment and a conducive external environment, the country's growth has been stable, rapid and it has managed to decrease poverty ...
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 ...
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 ...
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 ...
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 ...
$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 ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
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. No. 5: Ireland, 122% Debt ...
Assessing Debt Levels in Poorer Countries
International Monetary Fund - 3/28/2012 7:57:26 PM
Comprehensive review of approach by World Bank, IMF Framework to be adapted to changing circumstances n low-income countries Analysis of total public debt, investment-growth linkages to be strengthened Following a comprehensive review, the IMF and World ...
Private Sector Debt Gnawing at Developing Countries
Inter Press Service - 7/30/2012 12:44:03 PM
NAIROBI, Jul 30 2012 (IPS) - Twelve years after a global campaign successfully advocated the cancellation of some of the world’s poorest countries’ public debt, developing economies are again facing unsustainable debt burdens. Only this time ...
Jordan ranks second among Arab countries in Rule of Law Index
MENAFN - 11/24/2015 3:08:39 PM
(MENAFN - Jordan News Agency) Amman Nov. 24 (Petra)--Jordan ranked 41 out of 102 world countries and eighth among 31 countries ... It also seeks to raise public awareness on the issue and develop practical and effective related programmes.
Public Debt Crosses GH¢100.7bn
Daily Guide - 11/17/2015 11:20:44 AM
The Eurobond sale took Finance Minister Seth Terkper and the Central Bank Governor and other Government officials on roadshows in several countries overseas. The latest loans bring Ghana’s total debt to GH¢100.7 billion since Mr Terkper told ...
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 ...
Portugal Heading for EU Budget Fight
The New Indian Express - 11/27/2015 3:02:06 AM
An even bigger crunch looms with the Fiscal Compact, which will force Portugal to cut public debt - now 128pc of GDP - by 5pc of the amount above 60pc each year for 20 years. The International Monetary Fund warns the country has no margin for error ...