The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Monday, January 12, 2015

Japan's government is set to announce a record budget for next fiscal year of more than $810B but will cut bond issuance by ¥4.4T to ¥36.9T, the third decrease in a row and the lowest level in six years. The draft budget for the year from April is aimed at trimming Japan's public debt, which is well over twice the country's GDP after years of sluggish growth and huge stimulus spending.

No comments:

Post a Comment