PPG, official creditors (NFL, US$)

This indicator encompasses the financial assistance extended through public and publicly guaranteed debt from recognized official entities, including multilateral and bilateral loans. It captures funds from international financial institutions, such as the World Bank and various regional development banks, which aim to foster development and provide stability to borrowing nations. Additionally, it includes loans facilitated by governments and their agencies, which may cover a broad spectrum from central banks to export credit agencies. The reported figures reflect net flows, calculated as total disbursements received by the borrower throughout the year, minus the principal repayments made. Importantly, the data is presented in current U.S. dollars, providing a clear picture of the financial support dynamics within the global economic landscape. Source: