The nation’s public works projects — notorious for their lack of transparency — have sucked up tens of trillions of yen in taxpayers’ money for decades, pushing government coffers to the brink of crisis.
The government forecasts that the outstanding public debt for local and central governments will reach 693 trillion yen in March 2003.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.