Japan Finance Minister Seeks Record Debt Servicing on Interest on National Debt; What's Next?
MishTalk
AUGUST 26, 2013
Japan''s Finance Ministry will request a record 25.3 percent from the amount set aside for this year, a document obtained by Reuters showed on Tuesday. The decision, aimed at guarding against any future rise in long-term interest rates, underscores the increasing cost Japan must pay to finance its massive public debt.
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