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Japan's government debt hits a new high for the 10th consecutive year
Golden Finance reports that on May 9th, the Japanese Ministry of Finance released data on the 8th showing that by the end of March 2026, Japan’s total government debt, including national bonds, borrowings, and short-term government securities, reached 1343.84 trillion yen (approximately 156.7 yen to 1 USD), an increase of 20.13 trillion yen from the end of the previous fiscal year, marking a record high for 10 consecutive years. The data shows that Japan’s total national debt is 1207.22 trillion yen, of which the main source of growth is the increase in ordinary bonds, which rely primarily on tax revenue to repay principal and interest, rising by 24.56 trillion yen to 1104.30 trillion yen, making it the main contributor to Japan’s debt growth. (Tōshinsha)