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The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of the end of October 2024, the total national debt of the Philippines amounts to ₱15.1889 trillion ($273.9 billion). [1] Total outstanding debt: ₱16.02 trillion ($276.27 billion) (61.3% of GDP ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
(November 2024) This is a list of countries by estimated future gross [ clarification needed ] central government debt based on data released in October 2020 by the International Monetary Fund , with figures in percentage of national GDP .
President-elect Donald Trump has doubled down on many of his economic promises in the weeks since his victory. In 2025 he will face formidable global players who may have other plans.
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Marcos officially launched his campaign for president of the Philippines on October 5, 2021, through a video post on Facebook and YouTube. [ 120 ] [ 121 ] An interview with his wife Liza Marcos revealed that he decided to run for president while watching the film Ant-Man , [ 122 ] [ 123 ] though Marcos admitted that he could not recall this ...
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The national debt can’t be hung around the neck of either a Republican or Democratic administration. Both parties were forced to shell out massive fiscal stimulus courtesy of the COVID pandemic.