Japan's Interest Payments Projected to Double by 2029 Following BOJ Rate Hikes

Japan's government interest payments are forecast to reach ¥21.6 trillion ($139 billion) by April 2029, a significant increase from the current ¥10.5 trillion, attributed to the Bank of Japan's recent rate hikes.

26 Feb, 09:50 — 26 Feb, 09:50

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japan-times20h ago

Japan sees interest payments doubling by 2029 as BOJ hikes rate

Interest payments are projected at ¥21.6 trillion ($139 billion) in the year starting April 2029, up from the current year’s budgeted ¥10.5 trillion.

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Japan's Interest Payments Projected to Double by 2029 Following BOJ Rate Hikes

Read at source (1 outlet)

Japan sees interest payments doubling by 2029 as BOJ hikes rate

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