Start the Japanese debt Dizziness

Pakar Iklan Start the Japanese debt Dizziness ; Japan's new Prime Minister Naoto Kan said he would immediately improve the country's fiscal policy to reduce the amount of debt that began mounting. Japan getting dizzy on the amount owed after the emergence of the debt crisis in Greece.

"The amount of debt in our country is very big. The government's financial condition is getting worse compared to other developed countries," he said as quoted by the AFP on Saturday (12 / 6).

The amount of domestic debt burden Sakura Flower This is because the amount of stimulus funds and tax incentives in the last 10 years. Even Japan's current amount of debt already menekati doubling of its GDP, because it forces the government to issue bonds to pay for the ongoing great shopping.

"It's hard to continue to rely heavily on fiscal policy with the issuance of government bonds," said Kan who is also former Minister of Finance of Japan.

In the past, Kan had filed plans to raise sales tax rates in Japan, although the plan is currently not popular in the middle of the implementation of the upper house on July 11 Jpeang. "It can not be avoided anymore to conduct a total reform of the taxation system," said Kan. Kan said that if this debt policy was not arrested, then Japan's total debt will reach 200% of GDP in the next few years

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