Japan’s government debt hits record high of more than $10.46 trillionStaff writer ▼ | August 12, 2015
The central government’s debt hit a record high of ¥1.057 quadrillion, more than $10.46 trillion, at the end of June, up by some ¥3.87 trillion from the end of March, according to the Finance Ministry.
Asia According to the Finance Ministry:
The latest figure means that the government owed ¥8.32 million per person based on the nation’s estimated population of 126.95 million as of July 1.
Of the total, general government bonds accounted for ¥784.1 trillion, up by ¥10 trillion from the end of March.
Meanwhile, the balance of financing bills decreased by ¥1.76 trillion to ¥115.13 trillion thanks to higher tax revenue. ■