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3 Kommentare
I suppose that this should be attributed to Ishiba, rather than Takaichi
With taxes and increases, if there was no surplus, that would have been astounding.
But there is still a need for the annual bond issue in on order to fund all the spending next year. So how is that possible? The „primary balance“ excludes the bond servicing costs. With all the costs included there is still a deficit to be funded by issuing new bonds.