ID :
118235
Fri, 04/23/2010 - 08:27
Auther :
Shortlink :
https://www.oananews.org//node/118235
The shortlink copeid
Fitch issues warning about Japan's fiscal health+
TOKYO, April 22 Kyodo - Fitch Ratings issued a warning Thursday about Japan's fiscal health, saying the country's heavy debts would put ''downward pressure on creditworthiness'' of bonds the government issues, without economic recovery and restoration in public finances.
''Japan's government is one of the most heavily indebted in the world and its
debt burden is expected to continue to rise for the foreseeable future,'' the
credit rating agency said in its ''special report.''
The nation's gross public-sector debt is heading to somewhere near 200 percent
of its gross domestic product in 2010, the worst among major industrialized
economies.
==Kyodo
''Japan's government is one of the most heavily indebted in the world and its
debt burden is expected to continue to rise for the foreseeable future,'' the
credit rating agency said in its ''special report.''
The nation's gross public-sector debt is heading to somewhere near 200 percent
of its gross domestic product in 2010, the worst among major industrialized
economies.
==Kyodo
