Following its report on the Chinese economy released earlier this week, Moody’s Investors Services published a fresh credit review on Japan, in the face of the coronavirus pandemic.
Key findings
“Japan’s credit profile balances fundamental external and economic strengths against escalating public debt.”
“The pandemic will increase Japan’s debt burden to 230% of GDP in FY2020 from around 206% a year ago. “
“Japan’s general government debt is expected to jump to around 230% of GDP in fiscal 2020 from roughly 206% in fiscal 2019.”
more to come …
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