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
Country’s public debt climbs to $149b, each Pakistani owes $825
customstoday.com.pk - 10/16/2014 3:48:08 AM
LAHORE: The country’s total public debt has rocketed to $149 billion ... Campaign for Abolition of Third World Debt (CADTM Pakistan) and Tax Justice Roundtable during a press briefing in connection with Global Week of Action against IFIs (8-15 Oct ...
Egypt in $283 billion worth of public debt
worldbulletin.net - 10/19/2014 11:22:42 AM
The rate of the Egyptian debt compared to the GDP increased from 89.5 per cent in 2012 to 104 per cent today. It has been revealed that Egypt's total public debt has reached ... the total Egyptian debt exceeds the country's GDP, which reached $272 billion ...
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 ...
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.
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 ...
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.
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.
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 ...
Eurozone stagnation is a greater threat than debt
Financial Times - 10/19/2014 2:28:49 PM
The implications for those who live in such an economic snake pit are already visible: high unemployment; rising poverty; real and nominal wage stagnation; a debt burden that will not come down in real terms; a decline in public ... of the world to ...
Eurozone pressed over growth at IMF/World Bank meet
freemalaysiatoday.com - 10/10/2014 10:24:47 PM
WASHINGTON: The world’s economic policy elite kept up pressure ... very low inflation… will make it much more difficult for those countries that have to reduce still-excessive public debt burdens, and households and companies to clean their balance ...
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 ...
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 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 ...
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.