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Japan to use debt-to-GDP ratio as new fiscal reform gauge

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The Japanese government plans to place emphasis on its efforts for lowering the proportion of the country’s outstanding public debts to its gross domestic product as an indicator for measuring its fiscal reconstruction efforts, informed sources said Thursday.
The Japanese government plans to place emphasis on its efforts for lowering the proportion of the country’s outstanding public debts to its gross domestic product as an indicator for measuring its fiscal reconstruction efforts, informed sources said Thursday.
The government is set to include the policy in its basic economic and fiscal policy guidelines to be compiled shortly, the sources said.

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