Tokyo (ANTARA News/Asia Pulse) - Japan's national debt is expected to reach a record 973.16 trillion yen (US$10.8 trillion) at the end of fiscal 2010, according to Finance Ministry projections issued Monday.

Amid continued spending on stimulus measures, Japanese government bonds, financing bills and other borrowing are seen increasing by a combined 73.02 trillion yen from the 900.13 trillion yen projected for the end of the current fiscal year.

The fiscal 2010 budget draft includes 44.3 trillion yen in new JGB issues. On a per-capita basis, the national debt would come to 7.63 million yen.


Source:
Business in Asia Today - Jan 27, 2010
published by Asia Pulse

Editor: Ricka
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