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
Australia Third Best Country In The World For Retirees
International Business Times - 2/27/2015 6:41:29 PM
Australia has been named one of the best countries in the world to retire. In the 2015 Global Retirement ... According to Natixis, Australia has relatively low levels of public debt and inflation. The country also has a strong bank balance sheet with ...
Public Debt Management Agency will bring India's external and domestic debt under one roof: Jaitley
The Hindu - 2/28/2015 7:01:46 PM
is the deepening of the Indian Bond market" The government’s intention to set up a Public Debt Management Agency (PDMA) is not only required for the development of the bond market in the country, but it would also prevent leakages of public funds.
Europe's Woes and the World's Poor
The Huffington Post - 2/27/2015 6:02:42 AM
Or should that be done through a blast of public investment financed with yet more accumulation ... How those questions are answered will affect some of the world's richest countries--the likes of France, Germany, and Italy. Usually ignored, it will ...
Ken Clarke: 'unsustainable' debt and deficit will suck UK into low growth trap
Daily Telegraph - 2/28/2015 8:56:18 PM
Britain will become stuck in a low growth trap unless policymakers tackle the country's "unsustainable deficit and debt" and ... the western world, including the UK. "The idea that you can go around trying to win votes by hiring more public sector workers ...
AP Interview: Greece's ECB repayments need discussion, will seek debt rescheduling talks
US News and World Report - 2/28/2015 9:17:47 PM
In an interview with The Associated Press, Yanis Varoufakis also said Athens intends to start discussions with its creditors on debt rescheduling in order to make the country's massive ... between new instruments, new public financially engineered ...
Greek debt crisis: German MPs back bailout extension
BBC - 2/27/2015 12:22:06 PM
Some MPs had expressed doubts about the deal and there is substantial public scepticism but the vote passed easily ... promising to renegotiate the country's debt and end austerity. Dozens of activists hurled petrol bombs and stones at police and set ...
"Emperor Has No Clothes" - EU Warns of Debt Dangers Facing Ireland and EU
Forex Street - 2/26/2015 12:01:48 PM
High “structural” unemployment, high levels of public and private debt ... across the world - Levels of spin and denial not seen since before the crash of 2008 A report by the EU to be published today reviewing the economies of European countries ...
AP Interview: Greece to seek talks on debt rescheduling
Associated Press - 2/28/2015 1:46:49 PM
ATHENS, Greece (AP) — Greece intends to start discussions with its creditors on debt rescheduling in order to make the country's massive debt sustainable ... a menu of swaps between new instruments, new public financially engineered instruments and ...
India Unveils Federal Budget, Finance Minister Says Country 'Is About To Take Off'
International Business Times - 2/28/2015 6:08:41 AM
NEW DELHI -- India on Saturday unveiled a please-all federal budget that ostensibly sought to balance the interests of the country’s impoverished millions ... speech also focused on the creation of a public debt management agency and new bankruptcy ...
Greece Stirs Doubt on Debt Owed IMF
Wall Street Journal - 2/28/2015 1:29:30 AM
Greece’s cash-strapped government suggested in the past week that it might default on some of the debt it owes ... around the world. Failure to pay the IMF would fuel worries that Greece’s government could stiff all the country’s creditors.
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
Miliband warns of £281bn fees debt
The Shields Gazette - 2/27/2015 12:19:07 AM
Ed Miliband will claim the tuition fees system is on course to saddle the country ... with debt today and set to weigh down the taxpayer with more debt tomorrow. This is a system that will have added an extra £16 billion more than predicted to public ...
Uganda: Won't All This Public Debt Sink us?
AllAfrica - 2/25/2015 2:54:48 PM
The exception, I think, is the World Bank. That is the tragedy of ... As a result, our public debt has hit about $8 billion yet our total wealth (GDP) as a country is $21 billion. A country is not allowed to borrow more than half of its GDP, but you ...
Debt. What is it Good For? Some Surprises
Safe Haven - 2/27/2015 9:47:36 PM
Radical political changes are taking place in many countries around the world as populaces become despondent with low income growth, unemployment and austerian financial policies. Out with austerity and loosen the purse strings on public debt, is the chant.
Germany's debt to Greece
Neos Kosmos - 2/26/2015 11:57:38 PM
The SYRIZA government claims Germany owes it around €162 billion ($A236 billion), half the country's existing public ... external debt from the pre- and postwar era was agreed, while "considerations of claims arising out of the second world war" were ...