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
Stages of Nigeria’s Public Debt Management Strategy
Leadership - 12/5/2016 4:49:45 AM
the country is likely to choose to maintain foreign currency loan exposure of the multilaterals, such as the World Bank and the African Development Bank. But such will constitute a paltry percentage of the total public debt, whilst carrying relatively soft ...
Dawn - 12/5/2016 6:37:07 AM
The World Bank has also declared India as the fastest-growing economy of 2017 at 7.8pc on the strength of robust consumer demand from a general increase in wages that offset a slowdown in investment. While private and public consumption has depicted ...
Why The U.S. Government Should NOT Refinance The National Debt With Longer Bonds
Seeking Alpha - 12/2/2016 11:51:28 PM
With a change in the US Treasury Secretary soon taking place, I get to play fantasy world and imagine ... the maturity of the debt because eventually we are going to have higher interest rates and that is something this country is going to need to deal ...
Kenya to Spend 40% of Tax Revenue on Servicing Public Debt
AllAfrica - 12/1/2016 9:47:59 AM
The country's overall public debt currently stands at Sh3.5 trillion ... "Although public debt remains sustainable, margins for manoeuvre are rapidly narrowing," the World Bank said in its latest economic update on Kenya. The Treasury has said that ...
The National Debt Explained
Investopedia - 11/30/2016 4:08:33 PM
Unfortunately, the manner in which the debt level is conveyed to the general public is usually ... in the eyes of the world, making it difficult for continued foreign investor confidence and investments in the U.S. The risk of the country defaulting ...
Turkish economy's test with the dollar
yenisafak.com - 12/5/2016 6:37:07 AM
While many economies with high amounts of public debt and high budget deficit are reaching the point of bankruptcy, the global economic crisis, as it was put by President Recep Tayyip Erdoğan, bypassed Turkey's economy and Turkey is a country that is ...
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.
Greece needs debt relief, eurozone central banker says
Philstar - 11/28/2016 8:14:19 PM
ATHENS — A top European finance official on yesterday urged Greece's bailout lenders to grant the country relief on its massive debts ... concerns about the sustainability of the Greek public debt," he told a business conference in Athens ahead of ...
Why a strengthening dollar is bad for the world economy
The Economist online - 12/2/2016 11:58:38 PM
THE world’s most important currency is flexing its muscles. In the three weeks following Donald Trump’s victory in America’s presidential elections, the dollar had one of its sharpest rises ever against a basket of rich-country peers. It is now 40% ...
Debt, interest rates and financial repression
asia.nikkei.com - 11/29/2016 12:53:29 AM
Experience teaches that countries reduce debt relative to their ... Japan is at the top of this list. Gross public debt in the wealthy economies is near its all-time World War II highs -- about 93% of gross domestic product. But, as the chart highlights ...
The Countries With the Highest Public Debt; Greece in Second Place
Greek Reporter Greece - 4/5/2016 3:15:34 PM
... health and risks of countries around the world, surprising data comes up regarding the level of gross government debt as a percentage of GDP. Here are the top 10 countries with the highest public debt: 1) Japan, 243.2% Japan’s economy is growing ...
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.
Are we heading for another debt crisis? If so, what should we be doing?
oxfamblogs.org - 12/1/2016 7:31:58 AM
The rich countries have contributed by switching aid from grants to loans, encouraging Private Public Partnerships ... but at the cost of spiralling debt with few benefits to local citizens. Many in the IMF and World Bank are concerned and are revising ...
Public Information Notice: IMF Executive Board Reviews the Joint IMF-World Bank Debt Sustainability Framework for Low-Income Countries
International Monetary Fund - 2/23/2012 10:53:46 PM
The DSF was introduced in 2005 with the objectives of guiding LICs’ borrowing decisions and creditors’ lending decisions, in a manner consistent with both progress toward LICs’ development goals and long-term debt sustainability; improving ...
China’s (Not So) Great Wall of Debt: $28 Trillion and Counting
The National Interest - 11/29/2016 2:40:51 AM
Noble laureate Paul Krugman has increasingly encouraged countries to take on debt. Similarly, Nicholas Lardy makes little of China’s alarming great wall of debt. New-Keynesian arguments that see large public debt as benign are misguided. A Keynesian ...