Moody's projects Japan debt to GDP will hit 230% in 2020 from 206% in 2019

avatar
Verified Official
· Views 1,136

Moody's projects Japan debt to GDP will hit 230% in 2020 from 206% in 2019

Moody's citing the impact of COVID-19 on the government's debt as multiple governments around the globe have increased debt to help ease the impact of the pandemic so news like this is hardly surprising. 
 
At least borrowing rates are at minuscule levels. 

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest