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 not a problem yet for India: Raghuram Rajan
IN - 3/2/2015 3:10:20 PM
Mumbai: RBI Governor Raghuram Rajan today said government debt is not yet a problem for India even as Standard & Poor's stated that high government debt is putting the sovereign rating under pressure."We are one of the few countries that do not have a huge ...
How addiction to debt came even to China
Dawn - 3/2/2015 4:26:06 AM
Moreover, in the past, countries that expanded public sector debt in the immediate aftermath of a crisis were subsequently able to generate debt-free growth via exports. This is not a generalisable strategy when much of the world is struggling with ...
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.
Lies and myths about Greece and Europe’s debt
People's World - 3/2/2015 5:40:40 PM
But what are those debts? This past summer, the Committee for a Citizen's Audit on the Public Debt issued a report on France, a country that is currently instituting austerity measures to bring its debt in line with the magic "three percent" ratio.
Ken Clarke: 'unsustainable' debt and deficit will suck UK into low growth trap
Daily Telegraph - 2/27/2015 11:56:27 PM
Britain will become stuck in a low growth trap unless policymakers tackle the country's "unsustainable deficit and debt" and ... the western world, including the UK. "The idea that you can go around trying to win votes by hiring more public sector workers ...
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 ...
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 ...
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 ...
Greece Stirs Doubt on Debt Owed IMF
Wall Street Journal - 2/28/2015 5:25:44 AM
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.
Germany's debt to Greece
Neos Kosmos - 2/26/2015 11:57:38 PM
The SYRIZA government claims Germany owes it around €162 billion ($A236 billion), half the country's existing public ... external debt from the pre- and postwar era was agreed, while "considerations of claims arising out of the second world war" were ...
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 ...
Global Debt: A Scary Situation With Limited Solutions
Value Walk - 2/19/2015 2:11:48 PM
worldwide debt has increased both in absolute terms (by $57 trillion) and versus the GDPs of constituent countries (a 17% increase, to 286%), including in many developed economies. One frightening conclusion: Some countries may have reached a point where ...
Seychelles signs landmark debt buyback agreement with the Paris Club for Debt-For-Climate Change Adaptation Initiative
forimmediaterelease.net - 2/26/2015 8:51:31 PM
Our proposal for a partial exchange of our debt ... the country’s overall levels of vulnerability and further increase its resilience. As a single operation, the agreed debt buyback and subsequent debt-for-climate change adaptation swap marks a world ...