TOKYO -- Japan should reduce its debt as a percentage of gross domestic product to pre-COVID levels by fiscal 2030, an advisory body to the finance minister said Tuesday, warning the government not to ease fiscal discipline in the face of inflation and Trump tariffs.
Economy
Japan's debt must return to pre-COVID levels by fiscal 2030: watchdog
Finance Ministry advisory council says primary surplus only part of the goal
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Japan has a much higher ratio of debt to GDP than other developed economies. © Reuters
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