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
Next president may face woes of growing worldwide debt, public and private
Anchorage Daily News - 10/15/2016 2:08:19 AM
WASHINGTON — While everyone fixates on the U.S. election, developments in the world economy threaten ... just the opposite has occurred. Many countries have become more indebted. On a worldwide basis, the $152 trillion of debt (again: both private ...
Global Debt Hits All-Time High
Seeking Alpha - 10/19/2016 7:11:23 AM
Global debt is at an all-time high: specifically, "nonfinancial debt," which is the combined debt of governments, households, and nonfinancial firms in the 113 countries that make up 94% of world GDP ... growing again - and public debt can be a way ...
In a highly indebted world, austerity is a permanent state of affairs
aeon.co - 10/20/2016 11:16:34 PM
In the post-crisis world, despite major central banks putting ... so that’s not a huge worry. If the country whose debt you hold can have elections, and the public dares to vote against more budget cuts, the European Central Bank will shut down their ...
Portugal Keeps Investment-Grade Rating, Ensuring QE Eligibility
Bloomberg - 10/21/2016 5:24:38 PM
Portugal’s credit rating was retained at investment grade by DBRS Ltd., securing eligibility of the country’s debt for the European ... including elevated levels of public sector debt, low potential growth, ongoing fiscal pressures, and high corporate ...
Reshuffle looms as Greek PM, sagging in polls, seeks debt relief
Today - 10/21/2016 10:07:58 AM
Asked to comment on a possible reshuffle, government spokeswoman Olga Gerovassili told Skai TV only that the government's aim was the "flexible, fast, effective" management of the country ... euros by 2022 to cut public debt. Athens is already off schedule ...
Looting Greeks and their Country
defenddemocracy.press - 10/15/2016 7:51:55 AM
... seizure of public property for the purpose of servicing the alleged public debt. To understand this reversal it is first necessary to examine the validity of claims about the country’s public debt — the justification for confiscating public property.
Oil find lumbers Ghana with huge debt - Report
Ghana News Agency - 10/21/2016 4:05:53 PM
Public spending has been cut by 20 per cent ... Under World Bank rules, it is not meant to provide such guarantees to countries that are assessed as high debt risks. The high interest rate and World Bank guarantee meant that the speculators would still ...
Saudi Arabia raises $17.5bn from bonds to repair damage to public finances
The Guardian - 10/18/2016 11:54:44 PM
In an effort to fill the state coffers in the short term, the GCC countries are implementing government spending cuts and VAT increases but also raising debt. “In its national transformation plan, [Saudi Arabia] has also outlined additional measures that ...
Clinton says she won’t add ‘a penny’ to the national debt. That’s highly unlikely.
Washington Post - 10/17/2016 1:33:09 PM
Under Clinton's policies, the national debt held by the public would increase from roughly $14 billion ... debt in terms of trillions of dollars can be misleading. For a smaller country, $14 trillion in debt could be an overwhelming burden, but the ...
Report: The fall and rise of Ghana’s debt
Ghana Web - 10/19/2016 4:51:12 PM
The World Bank is only meant to give half its support to moderate-risk countries as loans ... otherwise the debt will be unenforceable under that jurisdiction’s law. Protect all vital public spending, such as on healthcare and education, social services ...
Soaring national debt puts increased pressure on Vietnam’s aging population
e.vnexpress.net - 10/14/2016 4:04:03 AM
Vietnam is one of the few countries in the world in which the population has aged before becoming rich or moderately rich, said Nguyen Trong Dam, deputy labor minister. Widening public debt is putting more pressure on the country's aging population.
Indonesia's Debt to GDP Ratio 7th in ASEAN
Tempo - 10/12/2016 12:20:20 PM
TEMPO.CO, Jakarta - Indonesia's public debt to gross ... according to the World Bank. The number places Indonesia seventh in the Southeast Asian region, while Singapore sits on top of the list, followed by Malaysia. Grace Retnowati, country manager of ...
Economy : Alarm over excessive government borrowing as Kenya's debt hits Sh3.2 trillion
Ghafla - 10/20/2016 11:20:44 AM
The country’s public debt now stands at Sh3.2 trillion ... were seen as a response to an article published in The Economist that revealed the World Bank's criticism of the Standard Gauge Railway which they termed as uneconomical.
Breaking the vicious circle: article in Financial World
veron.typepad.com - 10/20/2016 11:52:22 PM
Most countries want to keep the option of using national banking systems as buyers of last resort of their sovereign debt. In May, the Governor of ... its local banks (the Landesbanken) in financing public-sector activities at local or regional level.
European debt dominoes: Italy and France may be the next to topple
Forbes India - 10/20/2016 5:11:30 PM
Following a similar trajectory, the European debt crisis is moving ever closer to ... There are other structural problems. In World Bank studies, Italy ranks 45th out of 189 countries for ease of doing business. Infrastructure, dating back to the immediate ...