Japan unveils sales tax hike
date:Oct 15, 2018
noting that both the size of the economy and the population are on track to shrink by a quarter over the next 40 years.

In addition, a loss of confidence in Tokyo's ability to pay its debts could send interest rates soaring and increase the risk of a bankruptcy.

Ratings agencies have previously cut Japan's credit standing over its debt levels.






Source: AFP




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