Japan’s public debt might go beyond 1 quadrillion yen

Source: Marketwatch
© Scanpix/Reuters
Currently Japanese home debt is rising at a faster pace than was previously predicted and according to Ministry of Finance might surpass 1 quadrillion yen ($12.8 trillion) at the end of March 2012. Japan had planned to stick to deficit of ВҐ995.92 bln earlier this year; however, after updating forecasts, additional borrowing will be undertaken. Representatives of Finance Ministry say the surge in national debt was mainly caused by increased spending devoted to recover from overwhelming tsunami and earthquake in March 2011.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.