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

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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. 

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