Tag - public-debt

 
 

PUBLIC DEBT

Japan Times
BUSINESS / Economy
Jul 31, 2019
Japan may achieve fiscal health in fiscal 2027: government
Japan may achieve fiscal health in the year ending March 2028, one year later than previously estimated, due to decreased tax revenues amid a slowdown in the global economy, the government's latest projections showed Wednesday.
Japan Times
COMMENTARY / Japan
May 14, 2019
Japan's growing debt divergence
The BOJ may have no choice but to end up providing permanent government support to avoid painful fiscal consolidation.
BUSINESS / Economy
May 3, 2018
Japan's fiscal health goal likely to be pushed back another five years to 2025
The government is eyeing fiscal 2025 as its new target year to achieve a primary balance surplus, delaying the fiscal health goal by another five years, sources said Wednesday.
BUSINESS
May 16, 2017
China and Japan increase holdings of U.S. government treasuries
Japan and China increased their holdings of U.S. Treasuries as overall net foreign purchases in March reached their strongest level in a year.
BUSINESS / Economy
May 11, 2017
Japan government debt hit record ¥1.072 quadrillion as of March 31
Japan's central government debt stood at a record ¥1.072 quadrillion at the end of fiscal 2016, the Finance Ministry said Wednesday.
BUSINESS / Markets
Apr 11, 2017
Japan dumps record French debt as U.S. bond-selling eases
Holders of U.S. Treasuries can breathe a sigh of relief as Japan's spotlight turns to France.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 22, 2016
Slower tax revenue growth in aging Japan puts Abenomics at crossroads
As Japan takes on the elusive challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of the aging country.
BUSINESS / Economy
Dec 16, 2016
Japan to issue ¥1.8 trillion in bonds to make up for tax shortfall
The government will issue an additional ¥1.8 trillion ($15.2 billion) in bonds this fiscal year to make up for a shortfall in tax revenue and to help pay for a third extra budget, according to government sources.
Japan Times
BUSINESS / Economy
Jul 21, 2016
Bank of Japan's Kuroda rules out 'helicopter money'
Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using "helicopter money" — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs.
BUSINESS / Markets
Jul 6, 2016
BOJ bond valuation losses are said to be ¥874 billion in 2015
The Bank of Japan wrote down the value of its holdings of government debt by ¥874 billion ($8.5 billion) in the last fiscal year, undercutting the income from its still profitable asset-purchase program.
BUSINESS / Economy
Jun 2, 2016
Moody's sees Japan's consumption tax hike delay as 'credit negative'
Moody's Investors Service Inc. said Thursday that Prime Minister Shinzo Abe's decision to postpone a hike in the consumption tax and compile a fiscal stimulus in the autumn is "credit negative," questioning the government's ability and willingness to achieve fiscal consolidation.
BUSINESS
Apr 14, 2016
IMF urges consumption tax hike to go ahead
The International Monetary Fund urged Japan on Wednesday to go ahead with a planned hike in consumption tax next April in order to secure funds for further economic stimulus.
Japan Times
BUSINESS / Economy / FOCUS
Jul 1, 2015
Spending cap likely needed if Japan is to meet fiscal reform goal
After achieving growth of an annualized real 3.9 percent in the first quarter of 2015, the government may argue it is on track to attain its fiscal reform goal through fiscal 2020.
BUSINESS / Economy
Jun 30, 2015
For Japan, lesson from Greek crisis is to keep on spending
As one of the most indebted countries in the developed world, the crisis unfolding in Greece is causing a moment of self-reflection for Japan.
BUSINESS / Economy
Jun 18, 2015
State still on track to miss fiscal 2020 reform goal
The government is still on track to miss a key fiscal rehabilitation goal in fiscal 2020, government sources said Wednesday.
BUSINESS / Economy
May 11, 2015
Medium-term target expected for 2020 fiscal reform goal
The Abe administration plans to set a medium-term target to achieve its key fiscal reform goal in fiscal 2020, aiming to reduce the ratio of the primary deficit to gross domestic product to around 1 percent in fiscal 2018, sources said Monday.
Japan Times
BUSINESS / Economy
Apr 22, 2015
Ex-currency chief fears BOJ exit nightmare on debt pile
Government debt twice the size of the economy will make exiting stimulus a nightmare for Bank of Japan Gov. Haruhiko Kuroda, according to the nation's former top currency official.
BUSINESS / Economy
Feb 12, 2015
Japan to miss 2020 fiscal reform goal: Cabinet
Japan is set to miss its key fiscal rehabilitation goal in fiscal 2020, even if the doubling of the consumption tax is completed and the economy is on a solid recovery track, an estimate released by the Cabinet Office said Thursday.
BUSINESS / Markets
Dec 4, 2014
S&P doubts Abe will have detailed fiscal consolidation plan
Standard & Poor's has cast doubt on Prime Minister Shinzo Abe's ability to repair Japan's tattered finances less than two weeks away from a snap election, after Moody's downgraded the country's sovereign debt rating.
EDITORIALS
Dec 25, 2013
Rein in government spending
The government's draft budget for fiscal 2014, which Prime Minister Shinzo Abe's Cabinet approved Tuesday, reflects a lack of government will to reduce public spending and debt even as the tax burden on consumers is set to increase.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores