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Japan warns of severe finances

The country faces rising debt and the highest inflation rate in the last four decades amid a context of declining population.

The finance minister of Japan, Shunichi Suzuki, warns that the country faces dire finances as debt and inflation continue to rise while the population keeps declining. The government can still borrow cheaply as the central bank keeps interest rates at ultra-low levels. But what do the financial markets and global investors make of Japan鈥檚 current economic state?

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(Picture: Illustration of Japan's flag. Picture credit: Getty)

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27 minutes

Broadcast

  • Mon 23 Jan 2023 15:32GMT