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Specifically, according to a recent explanation of the Ministry of Finance before Congress, the total debt of corporations and State-owned companies as of 31/12/2011 is 1,292,400 billion, equivalent to about 51% of the GDP and fold 1.77 times equity. In particular, the debt of these businesses was 296,541 billion, representing 22.9% of total debt and 14.1% of the total assets.
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