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External debt of the Philippines : ウィキペディア英語版 | External debt of the Philippines
The external debt of the Philippines is the amount of public and private debt owed by the government of the Philippines.Public debt is the National Government’s money or credit owed, while private debt is the money or credit owed by individuals and private companies. These foreign loans refer to all obligations (regardless of currency of denomination and form, i.e., cash or in kind) owed by Philippine residents to non-resident entities, including advances from foreign parent companies, shareholders and affiliates and peso-denominated loans from non-residents. == Debt Process == Developing countries use external borrowing as a mechanism to address the gap between domestic savings and desired investment and the export-import gap. In practice, debt management involves coordinating several major aspects of economic decision-making that have a bearing on loan contracting, utilization and the debt servicing needs and capabilities.
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