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Japan to Align Debt Growth with Economic Expansion, Says Prime Minister Takaichi

Prime Minister Takaichi stated that Japan will limit debt increases to match economic growth rates to uphold fiscal credibility.

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Terms & Concepts
  • Economic Growth Rate: The percentage change in the value of all goods and services produced in a country over a period of time.
  • Debt Growth: The rate at which a government's total debt increases over time.