Composition of Japanese public debt

Composition of Japanese public debt

Composition of Japanese public debt

The specific targets are a reduction in the primary deficit
to 1% of GDP by 2018, and a primary surplus by FY2020. It is said that the document
reflects an ongoing debate within the ruling Liberal Democratic Party of Japan (LDP22)
about the correct strategy for stabilising the country’s finances, with ‘fiscal hawks’
emphasising spending cuts, against a ‘rising tide’ group who advocate prioritising
measures to boost the economy.


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