Saving Japan From Fiscal Collapse – Analysis

Saving Japan From Fiscal Collapse – Analysis

Eurasia Review

Published

By Keigo Kameda*

Japan’s 2020 fiscal year budget was formulated in December 2019 before COVID-19 struck and pandemic-related considerations could be factored in. Expenditure was expected to reach 102.7 trillion yen (US$939 billion) and the primary budget deficit to GDP ratio was expected to be 2.7 per cent. 

The...

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