Japan’s Debt Exceeds 1 Quadrillion Yen as Abe Mulls Tax Rise
The country’s outstanding
public debt including borrowings reached a record 1,008.6 trillion yen ($10.46
trillion) as of June 30, up 1.7 percent from three months earlier, the finance
ministry said in Tokyo today. Larger than the economies of Germany, France and the
U.K. combined, the amount includes 830.5 trillion yen in government bonds.
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