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
ETHICS : Silence over public debt is fatal
The Citizen - 6/26/2016 12:33:53 PM
We may be happy for the generous donations such as the Sh440 billion from the World Bank ... We are also told that the public debt outlook also remains favourable. We are told that our country needs to continue implementing a prudent fiscal policy ...
Italy's Future Hampered By Debt
Seeking Alpha - 6/22/2016 7:19:30 PM
Italy ranks 65th out of 189 countries for ease of doing business in recent World Bank studies ... an orderly restructuring of its debt to avert a default in coming years. Almost everyone agrees that Italy's public debt is unsustainable and needs an ...
Africa: Unfounded Debt Fears Block Economic Recovery
AllAfrica - 6/23/2016 6:06:44 PM
In 1938, he slashed government spending, and unemployment shot up to 19 per cent. Deficits and debt Many countries had huge public debts when World War II ended. Despite such anxieties and calls for drastic spending cuts, governments continued to spend.
IMF calls for audit of Mozambique’s undisclosed debt as growth dips
africanews.com - 6/26/2016 7:40:24 AM
“According to our technical assessment, public debt is now likely to have reached a high risk ... One of the 10 poorest countries in the world, Mozambique has been hit hard by falling commodity prices. The government said tensions with the Renamo ...
What European Country Could ‘Brexit’ Next?
FORTUNE - 6/23/2016 11:28:51 PM
In Italy, much of public anger focuses on the impact of the euro on the country’s economy. The Eurozone’s third-largest economy, Italy’s debt-to-GDP ratio (currently above 130%, fifth-highest in the world) makes it both too-big-to-fail and too-big-to ...
World Bank approves $1 billion support for country’s competitiveness, disaster resilience
Pakistan Today - 6/22/2016 9:42:40 PM
The World Bank approved financing worth $1.02 billion using ... improved fiscal management through increased revenues, better coordination of debt management and making public spending more pro-poor.” Sindh Resilience Project (SRP) of $100 million ...
Dawn - 6/20/2016 1:42:26 AM
Facing the global financial crisis with one of the lowest public debt-to-GDP ratios in emerging Europe served the country well, but the public sector ... economic growth forecast to 3.6pc in its latest World Economic Outlook report from 3.2pc projected ...
Brazil government proposes 20-year spending cap to tame public debt
Reuters - 6/15/2016 4:40:10 AM
... of public accounts has cost the country its coveted investment-grade credit ratings. Meirelles said the spending cap could be relaxed after 10 years, by which time the government hopes Brazil's public debt situation will have improved. Federal ...
The 20 countries with the most public debt
MSN - 5/7/2016 11:55:57 PM
So with the referendum looming, we take a look at the countries around the world that ... to tackle the massive debt. The figures, taken from a 2015 report by the International Monetary Fund (IMF), show countries with the highest public debt as a ...
Braving uncertainties in the Lebanese market
CPI Financial - 6/26/2016 12:12:25 PM
“We estimate Lebanon's public and financial sector external assets will exceed the country’s external debt by an average 54 per cent of ... s financial interactions with the rest of the world. Last year, Lebanese authorities have reportedly lifted ...
Mozambique’s Attorney-General plans to clarify issue of public debt
Macauhub - 6/24/2016 10:05:56 AM
The Attorney General of the Republic of Mozambique will endeavour to clarify the issue of national public debt and, in if any is found to be illegal, the offenders will be made responsible, the country’s ... Macao into a world centre for tourism and ...
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.
Spain’s public debt surpasses 100pc in 20-year high
Business Recorder - 6/15/2016 5:04:38 PM
MADRID: Spain's public debt rose above 100 percent in the first quarter to its ... agreement on a coalition government following inconclusive polls in December. The country in 2014 posted its first full-year of growth since a 2008 property crash which ...
After ‘Brexit’ Vote, Investors Are Gripped by a Panic Last Seen in 2008
New York Times - 6/23/2016 11:57:29 PM
Then fear seized world markets. As frenzied selling accelerated in Tokyo ... the more investors are likely to demand extra payouts for fresh loans to debt-saturated countries like Greece, Italy and Portugal. That could squeeze businesses there, making ...
Debt skeletons return to haunt rich Mozambique to poverty
cajnewsafrica.com - 6/16/2016 11:58:37 PM
The country’s public debt has reached frightening levels of $11,64 ... A decrease in foreign aid has worsened a large drop in the world market price of some of Mozambique’s key exports and of foreign direct investment. The result has been a severe ...