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
Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Daily News Egypt - 5/24/2015 6:58:12 AM
The public debt rate over the past two years came close to 100% ... it is applied in different countries of the world, including countries with the same economic characteristics as Egypt. On the other hand, there are other countries that do not follow ...
IMF urges Japan to take ‘bold action’ on reforms, huge public debt, or risk spooking markets
neurope.eu - 5/22/2015 6:56:24 PM
It pointed to the country’s wealth and stability, plus the fact that most of its public debt is held by the Bank of Japan and other Japanese financial institutions, as positive factors. The IMF said Japan needs a more credible plan to improve its public ...
Greece warns it is set to default on debt repayment loans
theguardian.com - 5/24/2015 6:39:43 PM
The Greek interior minister, Nikos Voutsis, a long-standing ally of the prime minister, Alexis Tsipras, insisted the country ... With crucial debt payments looming, combined with the need for Athens to find around €1bn to pay public sector wages and ...
World Bank to lend Albania up to $1.2 billion over 5 years
The Indian Express - 5/23/2015 12:28:40 PM
The World Bank has agreed to lend Albania up to $1.2 ... infrastructure projects and strengthening the private sector in Albania. The country suffers from rapidly rising public debt, which has reached 70 percent of gross domestic product, up from 60 ...
Curing America's Debt Woes With Infrastructure
Forbes - 5/22/2015 2:02:54 PM
Reinhart and Rogoff’s seminal economic paper from 2010, “Growth in a Time of Debt,” hypothesized that countries with ratios of public debt to GDP above 90 ... the country’s lousy infrastructure. The World Economic Forum calculates a long-term ...
IMF urges Japan to take 'bold action' on reforms, debt mess
Economic Times - 5/23/2015 1:58:44 AM
TOKYO: Japan needs ``bold action'' on revamping its economy and improving its precarious national finances, the International Monetary Fund says in its latest assessment of the world ... country's wealth and stability, plus the fact that most of its public ...
Ghana: World Bank Boosts Ghana's Public Finance Reforms
AllAfrica - 5/22/2015 9:16:35 AM
High levels of debt, large fiscal deficits, and lack of fiscal space for public investments are major constraints to Ghana's economic growth, said Yusupha B. Crookes, World Bank Country Director for Ghana. Ghana has invested in programmes aimed at ...
Greece's Syriza part leaders reject non-payment of debt
Public Opinion - 5/24/2015 4:27:52 AM
ATHENS, Greece (AP) — A call by hardliners within Greece's ruling Radical Left Coalition (Syriza) party to not pay the next installment to the International Monetary Fund and to nationalize the country's banks has been narrowly defeated. Syriza's central ...
Kiev Reneges On Its Debt Obligations
The People's Voice - 5/23/2015 7:16:41 PM
Kiev's parliamentary debt moratorium ... of the state and of the public sector." "It should be noted that granting such a right to the Government of Ukraine will affect neither the stability of the banking system of the country nor the exchange rate ...
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 ...
Why One of the Wealthiest Countries in the World Is Failing to Feed Its People
Truth Out - 5/22/2015 3:43:07 PM
Wendy Wills, an expert in food and public health ... groups play an important and longstanding role in this country's social fabric, running food banks, helping the homeless and tackling debt and addictions, such as alcoholism and gambling.
Report: Illinois college chiefs living in 'fantasy world of lavish perks'
Chicago Tribune - 5/22/2015 6:13:27 PM
Illinois community college and university presidents are enjoying a "fantasy world ... public education's mission of providing affordable learning opportunities. "Higher education students in the state of Illinois are suffering under outrageously large ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 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 ...
Lear Is A Worldwide Producer Worthy Of Your Portfolio
Seeking Alpha - 5/22/2015 8:26:28 AM
Unless you live in an area with ample amounts of public transportation ... distribution systems to every major automotive manufacturer in the world. They have operations in 34 countries and are one of only two independent seat suppliers with global ...
Moves for a “left alliance” government accelerate in Portugal
World Socialist Web Site - 5/25/2015 6:14:04 AM
In its latest review it says that while Portugal’s bailout has been a “success” (for the banks and big business), the country remains “highly vulnerable” and faces “an acute growth challenge.” Total combined public and private debt still ...