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
Fiscal policy and public debt - II
Business Recorder - 2/7/2016 3:52:44 AM
Since the 18th amendment, the provinces are free to impose taxes on agricultural income and various services; the federal government has also shifted its cost center of various current expenditures such as public ... in the country (Box 4.3). Debt ...
Pak External Debt, Debt-to-GDP Ratio Alarming
geo.tv - 2/1/2016 8:17:32 AM
Ironically, during the first 60 years of its independence, the country’s public debt had stood at just Rs4,802 ... sufficient to pay back debts without incurring further debt. The World Bank and the IMF define debt-to-GDP ratio as:"A country can be ...
World Bank: Syrian war costs region $35 billion in productivity
Al Bawaba - 2/5/2016 12:59:08 PM
The World Bank said Thursday that economic growth in 2015 for ... The report predicts that Saudi Arabia's public debt will reach 20 percent of GDP next year, 10 times its level of debt in 2013. "The richest oil exporters in the region, Saudi Arabia ...
The 20 countries with the greatest public debt
World Economic Forum - 1/27/2016 11:54:03 PM
Japan, the world’s most indebted nation ... The introduction in the report gives an accurate image of the country’s situation: Greece’s public debt has become highly unsustainable. This is due to the easing of policies during the last year, with ...
World Bank cuts S.A growth outlook
cnbcafrica.com - 2/3/2016 10:09:42 AM
"In this prevailing weak economic climate, it is important for South Africa to look to other avenues outside the fiscal space to stimulate faster growth," said the World Bank country director for South Africa, Guang Zhe Chen. Rising public debt and ...
Zika Virus Challenges Latin America’s Collapsing Public Health Systems
Breitbart News - 2/4/2016 3:59:16 PM
The mosquito-borne Zika virus has shed light on serious shortcomings in the public health systems of the affected countries, most of which are located in Latin America. On Monday, the World Health Organization (WHO) declared that the explosive spread of ...
World Bank says wars, cheap oil hurting Middle East growth
Reuters - 2/4/2016 8:13:59 AM
The World Bank said Saudi Arabia's public debt would reach 20 percent of GDP in 2017 ... economic growth in the medium term with positive spillovers to the neighboring countries," said Lili Mottaghi, World Bank economist for the region and the author ...
Africa: Public Debt in Low-Income Countries: Opportunities and Vulnerabilities
AllAfrica - 1/15/2016 5:41:44 PM
More diverse financing sources can raise new opportunities but can also pose risks, said a joint IMF-World Bank report on public debt vulnerabilities in low-income countries. While the share of low-income countries at high risk fell by almost half between ...
Public Debt in Low-Income Countries: Opportunities and Vulnerabilities
International Monetary Fund - 1/14/2016 5:28:36 PM
said a joint IMF-World Bank report on public debt vulnerabilities in low-income countries. While the share of low-income countries at high risk fell by almost half between 2007 and 2013, debt vulnerability has actually increased in the past two years (see ...
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.
China’s Forex Reserves Plunge to More Than Three-Year Low
Wall Street Journal - 2/7/2016 3:45:34 AM
The People’s Bank of China said Sunday that the world’s largest stockpile of foreign currency ... gives Beijing a large war chest to meet its obligations to foreign creditors. The country’s external debt outstanding stands at $1.53 trillion currently ...
BoG Runs Away From Public Debt
Modern Ghana - 1/26/2016 12:35:12 PM
Government does this on a weekly basis to borrow to finance its activities. By end of September 2015, the country's total public debt stood at GH¢92.2 billion. Between October 2 and November 13, 2015, Government borrowed over GH¢8.6 billion from both ...
World Bank’s bleak picture of South Africa ‘flirting with recession’
businesstech.co.za - 2/3/2016 11:14:07 AM
The World Bank has cut South Africa’s 2016 growth forecast ... It further notes that rising public debt and prospective inflationary pressures have placed fiscal and monetary policy on a tightening foot. The forecast for real gross domestic product ...
Zimbabwe urged to prioritize social services ahead of debt settlement
nehandaradio.com - 2/4/2016 8:06:49 AM
The country’s debt arrears to the three multi-laterals, the International Monetary Fund, World Bank and African Development Bank, currently stands at $1,8 billion. As at the end of June 2015, Zimbabwe’s public and publicly guaranteed debt stood at $8,4 ...