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
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 ...
IMF Appeals for help to Countries Affected by Ebola Outbreak
Bella Naija - 10/20/2014 7:56:55 PM
The Ebola virus has already killed no fewer than 4,600 people in Guinea, Sierra Leone and Liberia with the World Health Organisation (WHO), saying “it is focusing on 15 African countries in ... and provided that the public debt levels remained manageable ...
The global debt trap: Robert J. Samuelson
OregonLive - 10/19/2014 4:59:09 PM
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 ...
Spiralling debt: ‘Govt borrowing at dangerous level’
The Express Tribune - 10/15/2014 9:28:45 PM
LAHORE: The government is blindly adding to the country’s debt, which has now risen to the level ... and Economic Justice (ISEJ), the Campaign for Abolition of Third World Debt (CADTM Pakistan) and the Tax Justice Roundtable at the Lahore Press Club.
Cut debt but with circumspection
Business Recorder - 10/12/2014 10:29:34 PM
There would of course be no country in the world which would not like to reduce its debt for ... A contractionary fiscal policy is generally the pre-requisite for public debt reduction which is likely to contract the economy and reduce job opportunities.
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
"External debt is more worrisome and important than public debt, as public debt is generally ... A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is ...
Robert J. Samuelson: The global debt trap
The Commercial Appeal - 10/17/2014 4:58:32 AM
WASHINGTON — Six years after the onset of the financial crisis, the world still has too much debt ... that emerging-market countries “could be at the epicenter of the next crisis.” Presumably, this would mean losses on public and private bonds ...
IMF-World Bank Structural Adjustment Programs (SAPs) ruined countries – fate of Sri Lanka?
Lankaweb - 10/16/2014 4:26:55 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.
The Scotsman - 10/19/2014 10:28:26 PM
and the country’s total debt is probably more than £4.7tn. Yet public sector workers are agitating for pay increases and increased benefits. British workers have to realise that the rest of the world does not owe them a higher standard of living than 90 ...
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 ...
Not just Argentina: 11 countries near bankruptcy
USA Today - 8/1/2014 3:05:15 PM
According to the International Monetary Fund (IMF), Greece's debt is projected to hit nearly 175% of GDP by the end of this year, more than that of any other nation in the world except for Japan. However, not all countries with low ratings necessarily have ...
The Debt of Developing Countries: The Devastating Impacts of IMF-World Bank “Economic Medicine”
Global Research - 10/11/2013 5:26:20 PM
According to World Bank data, in 2010 alone, developing countries paid out $184 billion on debt service, about three times the annual resources required for the fulfillment of the MDGs. Even more troublesome, between 1985 and 2010 net public debt flows to ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 PM
Debt outlook: French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more ...
IMF-World Bank Publish Revised Guidelines for Public Debt Management
International Monetary Fund - 4/25/2014 6:05:54 PM
International Monetary Fund (IMF) and World Bank staffs have prepared and issued to the Executive Boards of both institutions the Revised Guidelines for Public Debt Management for information ... and reduce member countries’ external vulnerabilities.
UN climate debt swap is 'fundamentally unjust', say development agencies
theguardian.com - 10/21/2014 4:56:47 PM
[Swaps] should be separate from and in addition to the public climate finance that developed countries are responsible ... But he agreed that debt swaps should not be used to dilute the developed world’s commitment to climate finance.