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
Do the math: Nine countries have debt-to-GDP ratios over 300 percent; this will end disastrously
Natural News - 3/25/2015 3:08:42 AM
(NaturalNews) The world's great powers ... Greek leaders want to return to the bad old days of generous public pensions and paying out entitlements that the country - judging by its debt ratio - can just no longer afford. In the U.S., the national debt ...
Boom in lending to poor countries threatens ‘Greece style’ debt crisis
Oneworld - 3/24/2015 3:09:54 AM
Such a mechanism would indicate that reckless lenders would no longer be bailed out by the IMF and other public ... debt and for a new financial system that puts people first. See http://www.jubileedebt.org.uk  The World Bank defines low income ...
Ghana’s recent request for an IMF bailout has taken the world by surprise – Bawumia
Spy Ghana - 3/25/2015 4:20:17 AM
Dr. Bawumia (L) Finance Minister Seth Terkper (R) Dr. Bawumia has largely blamed the country’s current economic woes on ... economic malaise is the ballooning and unsustainable public debt less than a decade after being granted HIPC debt relief to ...
Ukraine's Russia debt threatens IMF rescue
Money Control - 3/27/2015 5:15:11 AM
A default by Ukraine on USD 3 billion in debt owed to Russia this year ... It bars the Fund from lending to a country that has defaulted on a loan in the "official" sector, that is, from a state or public institution. "We have a non-tolerance policy ...
Serbia’s public debt EUR 23.7 bln, 71.9 pct of GDP
InSerbia - 3/24/2015 4:14:19 AM
InSerbia is independent, non-profit organization maintained by volunteers only. InSerbia News provides latest news from Serbia, Balkans, Europe and World. Business, Politics, Sport, Entertainment, Weather, Tourist and Service information.
Getting control of national debt
Grand Valley Lanthorn - 3/26/2015 2:03:06 AM
Public debt is a fact of life. The U.S. was born in debt ... I think the United States of America still has one of the strongest economies in the world. The country’s deficits or debt are caused by the recession and slow recovery. Seventy-one percent ...
China Aims to Expand Debt-for-Bond Program to Ease Pressures
Wall Street Journal - 3/27/2015 12:17:31 PM
BOAO, China—Beijing will likely this year expand a program to alleviate the debt-repayment burdens of China’s local governments, its Finance Minister indicated Friday, underscoring one of the biggest risks facing the world’s second-largest economy.
Sepp Blatter still Brazil's public enemy No 1 and major legacy of World Cup nothing but debt and empty stadiums
Daily Telegraph - 3/25/2015 11:54:15 PM
I asked her the obvious question: why was it that Brazil had not seen any public protest ahead of the Olympics of the sort that engulfed the country a year before the World Cup? • World Cup in Russia will end crisis in Crimea, says Blatter Her answer ...
World Bank approves $100 million for Serbia's structural reforms
Reuters - 3/24/2015 4:17:18 PM
It must also trim deficit and cap debt. The World Bank's loan is ... the funds only if Belgrade presses on with public-sector reforms required by the IMF. In the statement, Ellen Goldstein, World Bank Country Director for Southeast Europe said that ...
Businessmen rap MPs in debt row
Gulf Daily News - 3/26/2015 2:31:44 AM
"It is a misunderstanding that the World Bank says that a country's public debt should not reach more than 60 per cent of GDP - this is conditional and not universal. "Many countries in the world have reached over 100pc, which include Singapore, the US and ...
IMF delivers on debt relief for Ebola-stricken countries
Deutsche Welle - 3/26/2015 6:59:34 PM
IMF spokesman William Murray said debt relief should help governments "fund increased public ... World Health Organization has released new figures on the Ebola epidemic, which has plagued West Africa for over a year now. While it is isolated in other ...
It’s Time to End Tuition at Public Universities—and Abolish Student Debt
The Nation - 3/23/2015 4:04:10 PM
The mother of all problems in higher education today is high tuition at public colleges and universities, which forces students into decades of debt and makes for-profit ... it’s to help them understand the world, to stimulate the imagination and inspire ...
Greece: debt and memory of war
People's World - 3/23/2015 6:20:11 PM
For German Finance Minister Wolfgang Schauble, "memory" goes back to 2007 when Greece was caught up in the worldwide financial conflagration ... somewhere around 95 billion euros. Greece's public debt is currently 315 billion euros. The Greeks "remember ...
Delusions surround Public Debt Management Agency
The Economic Times - 3/25/2015 2:25:45 AM
Ever since the Budget announced the setting up of a Public Debt Management Agency (PDMA), markets are agog ... In the past two decades, there have been numerous developments — a world class screen-based trading platform, esettlement, vibrant call and ...
How Much Does Greece Owe? 4 Charts That Put Greek Debt in Perspective
NASDAQ - 3/25/2015 10:46:50 AM
U.S. Foreign Debt Greece owes a lot to foreign countries - but not nearly as much as does the U.S. As of March 6, 2015, U.S. public debt reached $13.08 trillion ... Tsipras said he had a duty to pursue World War II reparations from Germany.