public debt

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Related to public debt: national debt

Public debt

Issues of debt by governments to compensate for a lack of tax revenues.

Public Debt

The total of all bonds and other debt owed by a government. Most of the time, the national debt comes from bonds and other debt securities, but some countries in the developing world borrow directly from international institutions (such as the World Bank). The national debt may be internal, that is, owed to bondholders and banks within the country, or external, that is, owed to foreign governments, institutions, and/or individuals. In the United States, paying the interest on the national debt is a major part of the federal budget. See also: Deficit.

public debt

the NATIONAL DEBT and other miscellaneous debt for which the government is ultimately accountable. Such debt includes, for example, the accumulated debts of nationalized industries and local authorities.
References in periodicals archive ?
A Budget Review and Outlook Paper released in September showed that the level of public debt to GDP ratio was expected to rise to 59.
The post Government pays AaAaAeA{AaAaAeA 615m to CBC, reduces public debt to 9 of GDP appeared first on Cyprus Mail .
An improvement was observed in most of the public debt risks indicators during last three and half years inline with the objectives set forth in Pakistan's first MTDS (2013).
However, the domestic public debt ratio fell to 91.
But in contrast to debt pessimists, who regard public debt as inherently problematic, debt realists see a constructive role for public debt.
The authors do not intend to contribute to modern macroeconomics, but explicitly to the political economy of public debt They hold that a "realistic line of analysis [.
The average cost of gross public debt was reduced by 40 basis points during first six months of current fiscal year owing to smooth execution of the Medium Term Debt Management Strategy (MTDS).
The public debt per capita is calculated by dividing the debt to the number of citizens, in Macedonia this accounts for 2,599.
The bill provides that if public debt is more than 80% of GDP then 50% of the annual income from hydrocarbons will be used to reduce public debt.
In the context of a functional market economy, the issues faced by certain states involving high public debt levels or potential budgetary pressure risks converge towards the idea that public finances sustainability needs to be a major challenge at the level of public policies.
The report delivers an overview of development related to public debt movement and management.
At the same time, level of domestic investment coming into the economy of Kyrgyzstan comprises around 7-8% of the total public debt of the country.