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 ...
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.
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 ...
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 ...
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 ...
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'.
Ghana 5-Year Bond Yields Rise as Concerns Over Debt Mount
Bloomberg - 11/25/2015 11:57:11 PM
The government of the world’s second-largest cocoa producer in March issued five-year debt at a yield of 21 percent, according to data compiled by Bloomberg. “A lot of investors are concerned about the level of public debt and its outlook,” Sampson ...
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 ...
NBK: Qatar strong public investment drives growth amid low energy prices
CPI Financial - 11/29/2015 7:03:07 AM
“Risks to the outlook center on the trajectory of energy prices, the performance of the global economy, volatility in financial markets and delivery of the authorities’ domestic infrastructure program ahead of the World Cup in 2022. Qatar’s position ...
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 ...
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.
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 ...
Portugal’s anti-austerity government led by Socialist PM Antonio Costa sworn
tjcnewspaper.com - 11/27/2015 3:59:22 AM
public debt restructuring and questioning EA membership) have created uncertainty about Portugal’s economic outlook. Let’s rejoice and pray that Antonio Costa’s Premiership lasts long and many more Goans follow in his footsteps and become world ...
$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 ...