Japan’s debt soars to historic high

May 11th 2022 6:02am EDT

The country’s national debt has reached 266% of its GDP Japan’s national debt has hit a new record high, reaching 1,241 trillion yen, or about $9.55 trillion, in the fiscal year 2021, which ended in March, the Kyodo news agency reported on Tuesday citing data from the country’s Finance Ministry. The country’s debt currently stands […]

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