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What is meant by materiality?
Public Infrastructure
The foundational facilities and systems serving a country, city, or area, including the services and facilities necessary for its economy to function, such as transportation, communication, sewage, water, and electric systems.
Public Debt
The total amount of money that a government has borrowed and not yet repaid, including both internal and external borrowings.
GDP
A rephrased definition: The sum value of all goods and services produced over a specific time frame within a nation's borders.
Net Debt
The total debt of an entity minus its cash and cash equivalents, indicating its actual financial burden.
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