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 still in safe zone
Vietnam Investment Reviev - 4/22/2014 8:43:57 AM
These make sense from a statistical point of view but other factors will also determine the safety of sovereign debt ratios. For example, looking at the rest of the world, countries like Japan or the US have sovereign debt ratios equaling or exceeding GDP ...
Africa could yet again be caught in debt spiral
Gulf News - 4/24/2014 3:26:37 AM
In the 26 African HIPC beneficiaries studied, nominal public debt fell from a GDP-weighted ... concessional financing from the IMF and World Bank was insufficient to fund big infrastructure projects, forcing the country to turn to private creditors.
Samoan PM Tuilaepa Sa'ilele confident in debt strategy despite IMF, World Bank warnings
ABC Online - 4/14/2014 9:39:22 PM
Samoa's Prime Minister says his country will make its own decisions about ... The IMF warning follows World Bank figures showing Samoa's public debt-GDP radio had increased to 62 per cent for the 2012-13 financial year. Mr Tuilaepa says he's confident ...
Rich nations' debt has stabilized, public investment needed -IMF
Thomson Reuters - 4/9/2014 11:29:41 AM
WASHINGTON, April 9 (Reuters) - Public debt in the world's richest nations has stabilized after being ... The Fund, which analyzes the economic policies of its 188 member countries, also warned in its twice-yearly Fiscal Monitor report that the world's ...
Countries Overloaded With Debt
CNBC - 10/28/2009 2:36:13 PM
"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 ...
Assessing Debt Levels in Poorer Countries
International Monetary Fund - 3/28/2012 7:57:26 PM
Comprehensive review of approach by World Bank, IMF Framework to be adapted to changing circumstances n low-income countries Analysis of total public debt, investment-growth linkages to be strengthened Following a comprehensive review, the IMF and World ...
World’s most haunted island is up for sale now
Examiner - 4/24/2014 3:19:27 AM
A17-acre Italian island called Poveglia is currently up for sale - although it is located between Venice and Lido, one of the most popular tourism locations in the world ... hopes this would reduce the public debt of the country. Other than the haunted ...
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 ...
Inquirer Opinion - 4/21/2014 3:26:00 PM
Debt condonation is something a government avoids because of its repercussions on a country ... World Bank. In their petition, the NGOs noted that the impact of a burgeoning foreign debt burden had been devastating for the Filipino people, with public ...
Worry not about debt burden, says BoT
The Citizen - 4/20/2014 3:45:40 AM
The external debt alone stands at 23 per cent derived from the ratio of public debt to GDP ... not luxurious consumption. “All countries in the world borrow to sustain economic growth and increase competitive strength. The caution on the purpose of ...
A Dangerous Game : France Is Playing with Words Regarding its Deficit
Value Walk - 4/24/2014 11:40:32 AM
Public spending ... of deficit and debt is now stopped, hear, hear! Well, in any case, this is how the government wishes this announcement to be perceived, especially by those buying France’s debt, in Europe and in the rest of the world.
It's budget time again!
Neos Kosmos - 4/22/2014 11:10:06 PM
This country's history shows that increases in the public debt to GDP ratio have two causes; world wars and responses to economic downturns caused by private debt-financed speculation. Worth mentioning is also the fact that private debt in Australia ...
Greece meets budget goal set as condition for talks on further debt relief
The Irish Times - 4/23/2014 11:13:05 AM
The figures are a reflection of the “remarkable progress” that Greece has made in repairing its public ... the world’s biggest sovereign-debt restructuring and has so far received €240 billion in aid commitments. To receive payments, the country ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/1/2011 4:22:31 PM
Countries that ran wild with spending through the boom years are now seeing their debt problems come home to roost. We've ranked the 15 states with the worst debt to GDP ratios, and added CDS prices (where available) to point out what the market thinks of ...
Global Debt: A country-by-country look at spending for growth vs. deficit cutting
The Christian Science Monitor - 3/8/2010 11:56:41 PM
So far the looming sovereign-debt crisis — i.e., the series of fiscal crises around the world leading to calls for restructuring of public debt and to the potential ... most likely to default, that is, countries with the highest sovereign-credit risk.