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Foreign and domestic debts is approx. 5 billion pesos = $116 billion dollars .
As of May 2012 the Foreign -exchange reserve of the Philippines is $76 billion dollars . The dollar reserve should grow not less than 10%/yr for the next 4 years
or so in order to reach 5 billion pesos debt pay off .
What else can I help you with?
Where would the government get the money to pay off our debt?
From the tax we pay for the food we buy.
Where can one get debt advice from the government?
StepChange Debt offers free government advice for people who need help with their debts. They can help you look over your finances, show you how to pay off your debt quickly and advise you on which debts to pay off first, if you can only afford to pay a few at a time.
What did Hamilton believe in regards to the debt the states accumulated from fighting the Revolutionary War?
The national government had the obligation to pay the debt.
What did Hamilton believe in regards to the debt the states accumulated from fighting in the revolutionary war?
The national government had the obligation to pay the debt.
What did Hamilton believe in regards to the debt the states accumulated from fighting revolutionary war?
The national government had the obligation to pay the debt.
What was Hamiltons plan to pay off national debt?
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
Why did people sell their government bonds for less than they paid for them?
They did not believe the government was going to be able to pay its debt
How do you get a loan from the government that you don't ever have to pay back for debt?
Loans are loans, you pay them back. Grants are like gifts, you do not have to pay them back, but you need to show financial need and usually need to use it for something like education or opening a business. The government doesn't just pay off your debt.
How did the national assembly plan to pay off government debt?
They would give them whiskey.
Is it true that the government will pay hecs debt after 3rd degree has been completed?
false
Why were taxes so high after the civil war?
The government had to pay off the War Debt.
Why did many people sell their government bonds for less than they paid for them?
They did not believe the government was going to be able to pay its debt
