PESTLE Philippines Country Profile

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PHP290\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 billion\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 ($6.48\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 billion),\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 or\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 3.2%\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 of\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 GDP.\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 The\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 country\u8217?s\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 debt\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 in\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 2009\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 reached\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 around\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 58.7%\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 of\par\pard\plain\li2433\sl-283\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 GDP,\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 compared\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 to\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 56.9%\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 in\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 2008.\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 At\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 a\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 debt\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 level\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 of\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 almost\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 59%,\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 the\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 country\u8217?s\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 debt\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 level\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 is\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 comparable\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 to\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 the\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 levels\f0\fs14\charscalex99\cf0\b0\i0\ul0\strike0 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