9 November 2012, 13:00

Japan gov't debt hits record high

Japan gov't debt hits record high

Japan’s government debt rose to a record high of 983.30 trillion yen (about $12.4 trillion) at the end of September mainly due to spending on reconstruction following the March 2011 quake and tsunami, the country’s Finance Ministry reported.

Japan's debt has already hit 200 percent of its GDP.

Voice of Russia, TASS

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