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
Public Debt Management Agency will bring India's external and domestic debt under one roof: Jaitley
The Hindu - 2/28/2015 7:01:46 PM
is the deepening of the Indian Bond market" The government’s intention to set up a Public Debt Management Agency (PDMA) is not only required for the development of the bond market in the country, but it would also prevent leakages of public funds.
Ukraine's new US-born finance chief enduring baptism by fire
The Miami Herald - 3/1/2015 3:30:01 AM
But Natalie Jaresko, the country's new finance minister who was born and raised in the Chicago suburbs, says she feels just as much at home here as she takes on a daunting task: overhauling a Soviet-era economy at a time when public finances are being ...
Greece Stirs Doubt on Debt Owed IMF
Wall Street Journal - 2/26/2015 11:57:38 PM
Greece’s cash-strapped government suggested in the past week that it might default on some of the debt it owes ... around the world. Failure to pay the IMF would fuel worries that Greece’s government could stiff all the country’s creditors.
AP Interview: Greece to seek talks on debt rescheduling
The Grand Island Independent - 2/28/2015 12:42:23 PM
ATHENS, Greece (AP) — Greece intends to start discussions with its creditors on debt rescheduling in order to make the country's massive debt sustainable ... a menu of swaps between new instruments, new public financially engineered instruments and ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
Miliband warns of £281bn fees debt
Sunderland Echo - 2/27/2015 1:09:13 AM
Ed Miliband will claim the tuition fees system is on course to saddle the country ... with debt today and set to weigh down the taxpayer with more debt tomorrow. This is a system that will have added an extra £16 billion more than predicted to public ...
Debt Be Not Proud
Forex Street - 2/25/2015 10:15:37 AM
while other countries with only 70 or 80% debt-to-GDP run into a wall? Debt is at the center of every major macroeconomic issue facing the world today, not just in Europe and Japan but also in the US, China, and the emerging markets. Debt (which must ...
Debt. What is it Good For? Some Surprises
Safe Haven - 2/27/2015 9:47:36 PM
Radical political changes are taking place in many countries around the world as populaces become despondent with low income growth, unemployment and austerian financial policies. Out with austerity and loosen the purse strings on public debt, is the chant.
Public finances: A world of debt
Financial Times - 1/6/2015 11:25:04 PM
The widely-watched debt to gross domestic product ratio remains at almost 130 per cent, one of the highest rates in the world ... country’s debt trajectory and how it is affected by an array of factors such as economic growth, borrowing costs and public ...
A contrarian’s view on the great Greek debt crisis
Gulf News - 2/28/2015 3:02:34 AM
After all, the country’s debt ... closely tracking the Greek debt talks, and he is planning another trip to Athens soon to push his ideas on the new Greek government. He has put together a team of 100 economists, accountants, public relations experts ...
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 ...
State of the Nation Address: I Love Seychelles! - Let us rededicate ourselves to the progress of our country and the wellbeing of our people
forimmediaterelease.net - 2/28/2015 12:39:24 AM
Mr. Michel said the world economy ... we have had in our debt restructuring, have helped to considerably bolster the sustainability of Seychelles' external debt. We must maintain this strategy for us to achieve our aim of reducing public debt to 50% ...
Share of public debt in GDP falls in India, but there’s little to celebrate
Live Mint - 2/19/2015 5:36:24 AM
Comparable middle-income countries which have a higher public debt to GDP ratio are mostly from Eastern Europe, as a result of the euro crisis. The high level of public debt is one more reason why recent efforts to take a more relaxed view of the fiscal ...
Jaitley postpones fiscal deficit control target deadline by a year
Vancouver Desi South Asian news - 2/28/2015 11:16:29 AM
The Economic Survey 2014-15 said the country can balance short-term boosting of public investment for economic growth along ... signifying the government’s declining ability to service its accumulated debt. Towards raising revenue, the 2015-16 union ...
In 2014, countries are still paying off debt from World War One
Quartz - 10/31/2014 11:54:25 PM
Countries in Europe began marking the ... One—with debt just 2.7% of the economy in 1916. The surge in debt associated with World War One was financed largely by selling bonds to the US public and, in the aftermath, the US hit a new record high debt ...