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Friday, October 21, 2011

Japan's nat'l debt likely to top $167 trillion in FY11

Japan's nat'l debt likely to top $167 trillion in FY11 The national debt will likely exceed 1 yen quadrillion (S$167 trillion) at the end of fiscal 2011 after reconstruction bonds worth 11.55 trillion yen are issued to fund the third supplementary budget for the year, it was learned Friday. ... Japan's nat'l debt likely to top $167 trillion in FY11

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