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
Rising Public Debt Is A Threat To Casinos
Market Realist - 12/19/2014 11:07:38 AM
The US has the largest debt burden in the world. The US debt-to-GDP ratio ... The increase in US public debt, beyond a certain point, threatens the nation’s economic growth. The country would have to increase taxes and cut spending to service the ...
Buoying up the economy with public sector investments would be a game changer
The Times of India Blogs - 12/20/2014 3:02:40 PM
Though this goes against the current wisdom that focuses on reducing deficits and public debt it is more in consonance with the thinking of multilateral agencies like the World Bank and the ... developing and developed countries. For one such investments ...
Public Finance Review in Croatia: Returning to a Path of Prosperity
The World Bank - 12/16/2014 2:10:09 PM
Despite this success, the country continues to struggle with fiscal management and debt – counting its sixth year of recession. The new Public Finance Review: Restructuring Spending for Stability and Growth Report from the World Bank analyzes the country ...
The Economies of Guinea, Liberia, and Sierra Leone Have Been Wrecked by Ebola
Voice News - 12/18/2014 12:34:43 PM
"The debt relief will free up resources to enable these countries to cope with the epidemic ... while spending is up by $43 million, according to World Bank figures. Even if Ebola never returns to West Africa, public health systems will be in dire need ...
UNC Ranked Best Value Education in Country
Chapelboro - 12/18/2014 6:54:06 PM
Carolina offers the best value of any public school in the country, according to Kiplinger’s Personal ... very competitive – [and] undergraduate debt, [which] is lower than average.” Block mentions that UNC is the top ranking public university ...
World Bank urges Croatia to enact fiscal reforms
Public Finance International - 12/16/2014 11:57:07 PM
Croatia has been advised to reduce its fiscal deficit and reverse its rising public debt through a restructuring ... Mamta Murthi, World Bank regional director for Central Europe and the Baltic Countries, said: ‘We recognise the challenge that the ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
"External debt is more worrisome and important than public debt, as public debt is generally ... A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is ...
What an $18 Trillion Debt Hole Looks Like
iwf.org - 12/14/2014 11:59:30 PM
of more than 200 countries listed by the World Bank, including the European Union and China. Watchdog.org’s Jason Hart helps bring some additional perspective: When President Obama took office Jan. 20, 2009, debt held by the public plus intragovernmental ...
African Countries Must Secure PPPs-Donald Kaberuka
Spy Ghana - 12/12/2014 11:30:15 AM
“However…Many of the countries that are borrowing to close the infrastructure gap have introduced positive reforms in debt management, public financial management ... for tens of thousands of subscribers worldwide. OBG’s consultancy arm offers ...
S. Korea's public sector's debt hits USD815.9b
MENAFN - 12/20/2014 1:29:37 PM
According to South Korea's Finance Ministry, the country's public sector debt, that takes into account both general ... Los Angeles - Former Miss World and popular Bollywood actress Aishwarya Rai Bachchan will make her comeback with
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
While the United States total public debt is indeed the largest in the world, a broader context shows ... points away from inclusion in the top 10 countries with the worst debt-to-GDP ratios, listed below: Country Debt as Percent of GDP (2010 est.)
Vietnam to raise capital of state debt and asset firm by 125 percent
Thanh Nien News - 12/12/2014 3:40:47 PM
Vietnamese Prime Minister Nguyen Tan Dung has approved a plan to raise the registered capital of the state-run debt and asset ... and the country expects economic growth beyond target this year of 5.9 percent, which the World Bank has said is still beneath ...
EU: Greek defiance on debt would be 'suicidal'
Public Opinion - 12/15/2014 9:32:10 AM
ATHENS, Greece (AP) — A refusal by Greece to repay bailout debts would be "suicidal" for the country, the European Union's top finance ... "The idea of contemplating the possibility not to reimburse a huge debt is suicidal — it's not possible, you ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 2:53:03 PM
French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more bailout ...
In 2014, countries are still paying off debt from World War One
Quartz - 10/31/2014 11:54:25 PM
Countries in Europe began marking the ... One—with debt just 2.7% of the economy in 1916. The surge in debt associated with World War One was financed largely by selling bonds to the US public and, in the aftermath, the US hit a new record high debt ...