By the end of the current year, the Kingdom's public debt
will comprise 81.
We expect that public debt
will decline below 100% of GDP, while output will register a third continuous year of growth by then," he said.
Figures delivered at the conference described that total external public debt
bolstered from US$3.
According to this important financial parameter, Bulgaria still remains at the bottom of the 'negative' public debt
rating in the entire European Union and is far below the European debt limit of under 60% of the GDP.
According to updated figures released in the report, increased annual loan ceiling caused public debt
inflation to rise by 187 per cent last year, compared with the 2009 benchmarks.
It is necessary for the UAE now to expedite the issuance of the public debt
law and set up the needed market infrastructure as a first step to a vibrant domestic debt market.
As for the G7 group of the world's richest nations, the public debt
by end of 2012 was $42.
In the rating agency's view, the public debt
policy does not change the Government's perception of the role for and link to the government of these four entities.
Consequently, the level of public debt
is irrelevant for current debt issue: the government should issue debt only when government expenditures depart from their average value.
ROME, Aug 13 (KUNA) -- Italy's huge public debt
has continued its steady rise to hit a new historical record high of EUR 2 trillion, with an increase of EUR 75 billion since beginning of 2012, including EU bailout funds, said a report by the Bank of Italy (Banca D'Italia) on Monday.
ISLAMABAD -- The government has linked external debt sustainability of the country with foreign exchange earnings capacity of the economy as public debt
to revenue ratio is consistently rising against Public Debt
-to-GDP ratio, say an official.
Summary: ABU DHABI -- The government of the UAE will further discuss its plan to introduce a law allowing public debt
issues at the federal level, and it feels no pressure to issue bonds despite a budget deficit, Obaid Humaid Al Tayer, Minister of State for Financial Affairs, said on Tuesday.