Economists Doubt Japan Can Cut Debt-to-GDP Ratio as Fiscal Plan Hinges on Growth
Updated
Updated · Nikkei Asia · Jul 23
Economists Doubt Japan Can Cut Debt-to-GDP Ratio as Fiscal Plan Hinges on Growth
2 articles · Updated · Nikkei Asia · Jul 23
Summary
A Nikkei survey found economists largely skeptical that Japan can steadily lower its debt-to-GDP ratio, undercutting the government's stated fiscal goal.
That doubt centers on the plan's reliance on strong economic growth to improve the debt burden, a premise economists questioned.
The survey highlights broader concern over Japan's fiscal trajectory, suggesting growth alone may not be enough to put public finances on a firmer path.