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
Colonisation by debt: Where China begins as an economic partner of a country, and ends up its economic master
India Times - 5/11/2021 2:06:00 AM
American statesman John Adams famously said, “There are two ways to conquer and enslave a country: One is by the sword; the other is by debt.” China, choosing the second path, has embraced colonial-era
IMF report finds public debt hits 97% of world's economy
Washington Times - 4/8/2021 1:41:00 AM
Average public debt hit an “unprecedented” 97% of the world’s economy in 2020 ... though public debt will continue to increase in some countries because of factors such as aging and ...
Surge in public debt imperils Mena recovery: IMF
Middle East North Africa Financial Network - 4/12/2021 9:38:00 PM
(MENAFN - Khaleej Times) The financing needs of the Middle East and North African countries are projected to increase over the coming two years, the International Monetary Fund warned on Sunday ...
Elevated public debt, 11.8 per cent fiscal deficit for FY 2020-21 matter of concern: Report
The New Indian Express - 4/15/2021 10:51:00 AM
MUMBAI: As the fiscal position of the country worsens due to the pandemic, there are concerns over the elevated public debt and also higher fiscal deficit at 11.8 per cent in 2020-21, brokerage ...
Egypt’s public debt records EGP 4.3 tln, FDIs decline by 31.8% in 1Q of FY2020/21: CBE
Hebdo Ahram - 4/26/2021 10:33:00 AM
Egypt’s public debt recorded EGP 4.3 trillion -- 74.9 percent ... representing 30.3 percent of the total external trade, followed by Arab countries with 21.4 percent and non-Arab Asian countries ...
Domestic Public Debt of Belarus Hits Records High. External One Will Grow More Expensive
Charter97.org - 4/12/2021 12:25:00 PM
Domestic public debt is reaching new highs in 2021 ... "Belarus is losing contact with the Western world. Now, our country can rely mostly only on Russian money. Given the vulnerable position of Belarus, the cost of borrowing will increase," suggests ...
Pope says cut the debt of poor countries
The Canberra Times - 4/8/2021 8:45:00 PM
Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to have their debt burden reduced and be given a greater say in global decision ...
Qatar’s public debt to fall steadily until 2025: FocusEconomics
Gulf Times - 4/26/2021 8:07:00 PM
This file photo taken on February 1, 2006 shows an oil refinery on the outskirts of Doha. Qatar's energy sector began the year on a robust footing, with oil and gas extraction growing year-on-year ...
Pakistan can retire debt by promoting tourism: Imran
Pakistan Today - 4/23/2021 11:03:00 PM
PM Imran said, “We can retire our debt by promoting tourism in all parts of the country ... plaza is being constructed in Jhika Gali in public-private partnership mode to save visitors ...