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
New IMF report: Ghana's public debt will hit 72% of GDP by end of year
Modern Ghana - 10/8/2015 12:05:11 AM
The IMF’s fiscal monitor report, which assess the financial position of over 100 countries around the world, is forecasting that Ghana’s public debt will increase further in the coming months to cross the dreaded 70 percent mark by end of year.
Time for Rich Countries to Pay Their Ecological Debt
The Diplomat - 10/9/2015 4:46:09 PM
decide to pay their ecological debt to the global South. When it comes to tackling climate change the countries of the world have differentiated responsibilities. I call on rich countries to live up to their duty to cut emissions and provide climate finance.
Wealthy countries must bolster public spending to avoid global slump, says UN
The Guardian - 10/5/2015 11:53:14 PM
UN’s trade and investment arm says prospects for global growth look bleak unless developed countries can boost growth rates Rich countries must boost public spending and kickstart growth if the world is to ... and debilitating debt crises, such as ...
What Country has the Most Unsustainable Debt? (hint: not Greece)
Value Walk - 10/7/2015 11:04:56 AM
Any funds borrowed accumulate as public debt, and will eventually have to be ... We built a map to compare the debt-to-GDP ratios of the world’s most representative economies. The size of each country on the map represents the level of debt — a ...
UN Agency: Sustainable Development Requires Altering The World’s Financial System
The Huffington Post - 10/7/2015 11:58:01 PM
There's a long, long, long way to go, but there are reasons to be optimistic that the world may one day have a financial ... the company that designates credit ratings to countries based on their debt, has published research arguing that global warming ...
New International Monetary Fund report: Ghana's public debt will hit 72% of GDP
THE PREFACE - 10/8/2015 12:15:20 PM
World Economic Outlook (WEO) has predicted lower global growth compared to previous year and has already caused a few national news outlets to start warning of another global recession. The strength of the recovery differs from country-to-country ...
The 10 Most Competitive Countries In The World
Seeking Alpha - 10/7/2015 8:27:27 AM
Since 1979, the World Economic ... very worst countries in terms of burdensome government regulations, unethical business practices, effect of taxation on incentives to invest and hiring and firing procedures. Besides a loss of trust in public and private ...
Ethiopia: Public Investment Critical to Ethiopia
AllAfrica - 10/9/2015 1:04:15 PM
Currently Ethiopia can be mentioned as the fastest growing non oil economy in the world, and the nation ... Dr. Tekeste Abraham said that public investment is critical for Ethiopia and other developing countries because it helps enhance infrastructure ...
Greece vs. the UK: Unemployment, Crumbling Healthcare, Pensions… Does Britain Need a Truth Committee on Debt?
Global Research - 10/5/2015 11:53:14 PM
And, because information is power, resistance to austerity has also materialised in the shape of a ‘Truth Committee on Public Debt ... of German debt, to enable the country to rebuild after the destruction of the Second World War.
World Bank: Mongolia will see slower growth and lower public revenues this year
Ubpost Banner - 10/6/2015 2:05:04 PM
Meanwhile, the East Asia Pacific Economic Update, released by World Bank on October 5 ... including relatively low public debt levels, regulations restricting savings outside of the banking system, and the state’s dominant role in the financial system.
Economy to pick up from 2018: World Bank
Kuensel Online - 10/9/2015 6:26:22 PM
Report: The drivers of the country’s economic growth ... Maldives and Bhutan remain the odd “debt twins” among the south Asian nations, as per the report with highest debt to GDP ratio. In Bhutan, public debt is the result of adequately financed ...
World Bank tells Zimbabwe to cut wage bill
nehandaradio.com - 10/7/2015 4:41:22 PM
HARARE – The World Bank (WB) says Zimbabwe must quickly reduce ... noted government had to focus on reforms like domestic sourcing so that the country’s international debt would be manageable. Early this year, Finance minister Patrick Chinamasa ...
Debt ceiling fail by Congress could get really ugly
Yahoo Finance - 10/9/2015 3:48:53 PM
Unlike virtually every other country in the developed worked—that cap has to ... based on language in the 14th Amendment ("The validity of the public debt of the United States.. shall not be questioned.") But the White House immediately slapped down ...
Debt and deflation deja vu
Japan Times - 10/8/2015 9:09:13 AM
We are caught in a trap where debt ... today); but public debt rose relentlessly, and now exceeds 230 percent of GDP. Since the financial crisis of 2008, that pattern has been repeated elsewhere. In the United States and several European countries ...
Why in the world are we going to Maine?
Columbia Spectator - 10/9/2015 2:27:10 AM
Every fall break, the Columbia University Democrats bus out across the country, from Virginia to Ohio ... As hard as it might be to believe, everything we care about—from student debt, to minimum wage laws, to women’s health issues, and even deficit ...