Japan Debt Update: ¥1,020,000,000,000,000
By GCRU Gold News on Monday, May 12 2014, 22:29 - Permalink
Japan’s national debt totaled a record-high ¥1.02 quadrillion as of the end of March, up ¥33.36 trillion from a year earlier, the Finance Ministry said.
The central government debt, which increased ¥7.01 trillion from the end of December last year, kept rising mainly due to ballooning social security costs in line with the aging of the population.