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, 2020See also: Public debt map
US national debt nears $31T: How it compares with other countries
Fox Business - 9/13/2022 10:52:00 PM
As the national debt continues to climb and approach an unprecedented $31 trillion, FOX Business compares U.S. government debt to that of other nations.
Poorer nations face rising debt servicing costs in 2024 - report
Reuters on MSN.com - 9/23/2022 1:04:56 AM
Some of the nations most vulnerable to climate change face a sharp rise in debt service payments in the coming two years, hampering their ability to invest in climate proofing and shoring up their economies,
US, Pakistan and other countries mired in high debt
ARY News Live - 9/24/2022 7:06:00 AM
Pakistan is not the only country that suffers high levels of debt that has become a bane for its economy. As many countries had to struggle with the
World Bank: Poorest Countries Could Save $12bn Via Debt Relief
This Day - 9/23/2022 12:00:00 AM
The world’s poorest countries could save over $12 billion ... of the DSSI by monitoring spending, enhancing public debt transparency, and ensuring prudent borrowing. A key objective of the ...
The Last Thing the World Needs Is an Italian Debt Crisis
Barron's - 9/15/2022 12:00:00 PM
Markets are starting to question the sustainability of Italy’s debt, raising the specter of another round of European sovereign debt crises, writes.
World Bank: Poor Countries’ Debt May Worsen Due to Volatility in Commodity Prices
This Day - 9/22/2022 12:00:00 AM
The World Bank President, David Malpass has warned that the debt situation for poor ... noted that it was critical that countries eliminated wasteful public expenditures, make service delivery ...
African countries face double whammy of debt crisis and food crisis
World Socialist Web Site - 9/20/2022 5:26:00 PM
The World Bank has warned that the number of Africans living in extreme poverty is set to rise from 424 million before the pandemic in 2019 to 463 million this year, more than one third of the continent’s 1.
Uganda, mind the rapidly rising debt!
The Observer - 9/14/2022 1:40:00 AM
In Uganda, Article 159(4) of the Constitution of Uganda, and Section 13 of the Budget Act 2001, require the executive to submit a report on the total indebtness of government. This led to the filling of a dossier by the National Committee on National Economy on the State of Indebtness of Uganda submitted to the clerk of parliament on August,
Vulnerable countries face choice of restrictive ‘conditionalities’ or ‘debt-trap diplomacy’
The Week UK on MSN.com - 9/21/2022 10:33:59 AM
Vulnerable countries face choice of restrictive ‘conditionalities’ or ‘debt-trap diplomacy’ Lending is at the forefront of the emerging game of power politics between the West and China that looks set to define the 21st century.
William Ruto Asks World Bank, IMF to Extend Debt Relief to Kenya: "COVID-19 Hit Hard"
Tuko - 9/22/2022 6:08:00 AM
President William Ruto has appealed to international lenders such as the International Monetary Fund (IMF) and the World Bank to extend debt relief to Kenya.