December 9, 2022

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Draft of Japan fiscal repair ‘blueprint’ says finances in ‘dire straits’

1 min read

Reuters with a snippet via Nippon TV, the broadcaster having obtained a draft of the country’s ‘fiscal beluepritn’.

  • Japan’s government will say the country must “aim to” achieve its fiscal target bearing in mind that its fiscal state is in dire straits from spending to combat the coronavirus pandemic
  • government must lay the groundwork towards fiscal restoration before baby boomers reach 75

Aren’t the first wave of baby boomers hitting 75 now? But, I digress. Having conniptions over Japan’s fiscal state has been going on for years now. 

And, back to Dire Straits. I’ve posted this one before but its difficult to go past it:

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