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Budget deficit likely dampener on Japan's stimulus policy: Atradius
August 1, 2013
TOKYO – In a new Country Report on Japan, export credit insurer Atradius says an immediate drawback of the Japanese Government’s stimulus policy is that the budget deficit is likely to exceed 10% of GDP in 2013, and that this could prove detrimental to Japans already record high public debt-to-DP ratio of more than 200 per cent.