May 29, 2011

Japanese customers see national debt expanding to 973 trillion yen by the end of the fiscal year according to the IMF

“The national debt will probably swell to ¥973 trillion by the end of fiscal 2010, according to the Finance Ministry. Japan, with a shrinking population and entrenched deflation, may see its debt burden jump to 246 percent of gross domestic product by 2014, according to the International Monetary Fund. ”

Source: Public debt to hit ¥973 trillion
Bloomberg
Tuesday, Jan. 26, 2010
http://search.japantimes.co.jp/cgi-bin/nb20100126n2.html

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