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
A near-debt experience
www.valueresearchonline.com - 10/26/2016 1:51:06 PM
Of the ten, only Australia is at the bottom of the debt tables, meaning that it needs people rather than the money. The rest of the 9 are among the 42 countries that are above the world average for their Public Debt Ratios (64% of GDP): the US, Singapore ...
UPDATE 1-Mozambique tells creditors debt levels "unsustainable"
Reuters - 10/25/2016 7:04:16 AM
The International Monetary Fund suspended assistance to Mozambique earlier this year when evidence of $2 billion in secret loans emerged and has insisted on external scrutiny as a condition for resuming financial aid to one of the world's poorest countries.
Cameroon: Interview - "Hardest-Hit Countries Should Act With More Urgency"
AllAfrica - 10/25/2016 1:59:27 PM
Should there be any fear of increasing public debt? We have seen increased ... Moreover, the 70 per cent ceiling is too high for a country that availed itself of HIPC debt relief 15 years ago. The joint World Bank/IMF Debt Sustainability Analysis (DSA ...
Don’t borrow above $22 billion, Debt Office tells Buhari administration
africabusinessworld.com - 10/23/2016 11:55:58 PM
of the Total Public Debt-to-GDP ratio for 2016 for the Federal Government was projected at 13.5 per cent. ”The maximum amount that can be borrowed (domestic and external) by the Federal Government of Nigeria in 2017, without violating the country ...
Still On Debt Profile And Debt Management
Leadership - 10/25/2016 2:03:37 AM
The debt situation was also intensified by large public deficit relatively free ... has become one of the most pressing issues in the world’s political and economic relationship for Less Developing Countries (LDC) like Nigeria. In essence, what matters ...
Global Debt Hits All-Time High
Seeking Alpha - 10/19/2016 7:11:23 AM
Global debt is at an all-time high: specifically, "nonfinancial debt," which is the combined debt of governments, households, and nonfinancial firms in the 113 countries that make up 94% of world GDP ... growing again - and public debt can be a way ...
Global Debt Adds Up To $22,000 For Everyone Alive
moneyinternational.com - 10/24/2016 2:19:08 AM
Siginificant chunks are owed to other countries, such as the US and China. While the economy generates money, the scale of the debt is not too much of a problem. However, since the credit crunch a lot of private debt held by banks has switched to public ...
Oil find lumbers Ghana with huge debt - Report
Ghana News Agency - 10/21/2016 4:05:53 PM
Public spending has been cut by 20 per cent ... Under World Bank rules, it is not meant to provide such guarantees to countries that are assessed as high debt risks. The high interest rate and World Bank guarantee meant that the speculators would still ...
Dawn - 10/24/2016 2:04:49 AM
The World Bank ... and improve public financial management. Another agreement with IMF was made for a $1.5bn bailout as Sri Lanka faced heavy fund outflows and overseas debt payments while declining forex reserves, putting the country on the verge of ...
4 reasons why Venezuela became the world's worst economy
CNN Money - 10/25/2016 5:09:44 AM
How did it get so desperate in Venezuela -- a country sitting on more oil than any other in the world? Here are 4 reasons why it's diving ... PDVSA warned last week that it could default on its debt if bondholders didn't accept new payment terms.
Reshuffle looms as Greek PM, sagging in polls, seeks debt relief
Today - 10/21/2016 10:07:58 AM
Asked to comment on a possible reshuffle, government spokeswoman Olga Gerovassili told Skai TV only that the government's aim was the "flexible, fast, effective" management of the country ... euros by 2022 to cut public debt. Athens is already off schedule ...
The 20 countries with the greatest public debt
weforum.org - 10/18/2016 11:54:44 PM
Japan, the world’s ... a massive debt. On 14 July 2015, the IMF released a report addressing Greece’s debt sustainability. The introduction in the report gives an accurate image of the country’s situation: Greece’s public debt has become highly ...
Countries With The Biggest Public Debt
worldatlas.com - 9/18/2016 11:54:31 PM
Greece has become world-renowned for economic struggles and incurring a public debt that almost doubles its GDP, while another Mediterranean country, Italy, is not faring much better, with public debts of its own totaling 134% of the Italian GDP.
Top 5 Richest Countries in the World
yphone24.com - 10/24/2016 2:04:49 AM
Top 5 Richest Countries in the World. Some of these rich countries in the top 5 will ... In 2011, Brunei was one of the two countries which had 0% public debt. 4. Norway – ,947 It is believed that the government in Norway has designed such a good social ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 9:13:45 AM
No economic conversation has captured the ... this country's far from a turnaround. No 3: Italy, 130% Debt/GDP Let's have a big hand for Italy, Europe's third-largest economy -- and the third-most-indebted top-50 economy in the world.