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
Call for having debt audit commission
Dawn - 10/16/2014 4:31:05 AM
The country had the lowest tax-to-GDP ratio in the world and a taxation system that was characterised ... in Struggle for Empowerment (WISE), said a significant part of the public debt in Pakistan was illegitimate since it had resulted from deliberate ...
The global debt trap: Robert J. Samuelson
OregonLive - 10/19/2014 4:59:09 PM
WASHINGTON -- Six years after the onset of the financial crisis, the world still has too much debt ... says that emerging-market countries "could be at the epicenter of the next crisis." Presumably, this would mean losses on public and private bonds ...
IMF Appeals for help to Countries Affected by Ebola Outbreak
Bella Naija - 10/20/2014 7:56:55 PM
The Ebola virus has already killed no fewer than 4,600 people in Guinea, Sierra Leone and Liberia with the World Health Organisation (WHO), saying “it is focusing on 15 African countries in ... and provided that the public debt levels remained manageable ...
Robert J. Samuelson: The global debt trap
The Commercial Appeal - 10/17/2014 4:58:32 AM
WASHINGTON — Six years after the onset of the financial crisis, the world still has too much debt ... that emerging-market countries “could be at the epicenter of the next crisis.” Presumably, this would mean losses on public and private bonds ...
IMF-World Bank Structural Adjustment Programs (SAPs) ruined countries – fate of Sri Lanka?
Lankaweb - 10/16/2014 4:26:55 PM
Latin American socially oriented governments have rejected IMF’s neo-liberal policies after realizing that neither IMF nor World Bank have any ... because for getting loans countries have to follow IMF policies even for debt relief.
World Bank Says Ebola Could Inflict Enormous Economic Losses
NPR News - 10/8/2014 2:34:43 PM
Last year, Sierra Leone and Liberia ranked second and sixth among countries with the ... of Tuesday's release of the World Bank and IMF's assessment of annual global growth. The report noted that factors such as disease, debt, war and terrorist attacks ...
The Scotsman - 10/19/2014 10:28:26 PM
and the country’s total debt is probably more than £4.7tn. Yet public sector workers are agitating for pay increases and increased benefits. British workers have to realise that the rest of the world does not owe them a higher standard of living than 90 ...
Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? (Podcast)
Seeking Alpha - 10/20/2014 8:15:24 AM
It's financial repression. And it works. It's what the advanced western nations did after World War II. It was a process that took 25 to 30 years, depending on the country. The West went from an average debt as a percentage of national economy from over 90 ...
UN proposal of debt relief for climate adaptation divides aid experts
theguardian.com - 10/20/2014 11:53:08 PM
[Swaps] should be separate from and in addition to the public climate finance that developed countries are responsible ... But he agreed that debt swaps should not be used to dilute the developed world’s commitment to climate finance.
Debt, Tax Evasion and Competing Economic Doctrines Dominate IMF and World Bank Discussions
Forex Magnates - 10/14/2014 4:33:27 AM
Both men dismissed reports of political “divergence” between their country and the rest of the world ... and Italian public sector workers. Unfortunately, Italian growth rates remain just as anaemic as most of Europe with 2 trillion in debt obligations ...
The Coming Financial Crisis: A Harbinger of World Renewal?
Counter Currents - 10/23/2014 4:40:05 PM
The impact of debt will, of course, be most keenly felt in developing countries ... T If governments across the world intend to avoid the inevitability of economic upheaval, social unrest and public protest, they need to finally accept that the existing ...
IMF appeals for help to Ebola-hit countries
Mizo News - 10/20/2014 4:00:42 PM
The Ebola virus has already killed nearly 4,600 people in Guinea, Sierra Leone and Liberia with the World Health Organisation (WHO) saying it was focusing on 15 African countries in its ... and provided that the public debt levels remained manageable ...
Costa Rica seeking World Bank loan to cover debt, government expenses for 2015
Inside Costa Rica - 9/24/2014 11:45:12 AM
September 24 th, 2014 (InsideCostaRica.com) The government of Luis Guillermo Solís is seeking a loan from the World ... The country’s debt-to-GDP ratio is expected to reach close to 40% of GDP this year. Finance officials have not made public the ...
Get rid of ‘ghost workers’, says IMF
New Zimbabwe - 10/23/2014 7:31:53 PM
THE government should weed out "ghost workers" absent from their public sector ... assistance from the World Bank and African Development Bank. Finance minister Patrick Chinamasa said last month it was embarrassing that the country was using so much ...
Union purchases Green Country Event Center to build new elementary school
Tulsa World - 10/20/2014 4:54:59 AM
Plans for Union Public Schools’ 14th elementary site are officially underway after the district completed its purchase of the Green Country Event Center and the ... said the church decided to sell to become debt free. The church is looking for other ...