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Global debt refers to the total amount of money owed by all sectors, including governments, businesses, and households worldwide. [1]As of 2022, global debt was the equivalent of 305 trillion USD.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The concept of a forum for the capitalist world's major industrialized countries emerged before the 1973 oil crisis.On 25 March 1973, the United States Secretary of the Treasury, George Shultz, convened an informal gathering of finance ministers from West Germany (Helmut Schmidt), France (Valéry Giscard d'Estaing), and the United Kingdom (Anthony Barber) before an upcoming meeting in ...
India, officially the Republic of India (ISO: Bhārat Gaṇarājya), [21] is a country in South Asia.It is the seventh-largest country by area; the most populous country with effect from June 2023; [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
The national debt of South Africa is the total quantity of money borrowed by the Government of South Africa at any time through the issue of securities by the South African Treasury and other government agencies. South African national government budget breakdown for 2019/20.
Aquino also found it necessary to write off ₱ 130 billion in bad loans granted by the government's two major financial institutions, the Philippine National Bank (PNB) and the Development Bank of the Philippines (DBP), "to those who held positions of power and conflicting interest under Marcos".
The Bill & Melinda Gates Foundation (BMGF) [a] is an American private foundation founded by Bill Gates and Melinda French Gates.Based in Seattle, Washington, it was launched in 2000 and is reported to be the second largest charitable foundation in the world, [7] [8] holding $69 billion in assets as of 2020. [4]
Chinese foreign debt denominated in the U.S. dollar was 80 percent of the total, euros 6 percent, and Japanese yen 4 percent. [13] In 2023, aggregate local government debt had risen to 92 trillion yuan ($12.58 trillion) and the central government of People's Republic of China ordered its banks to roll over debts in a debt-restructuring. [14]