Fitch cuts outlook for Japan credit rating on virus impact
Kyodo News
Posted at Jul 29 04:51 PM
While maintaining the sovereign rating at A, Fitch warned that "sharply wider fiscal deficits in 2020 and 2021, as we project, will add significantly to the country's public debt, which even before the pandemic was the highest among Fitch-rated sovereigns as a share of GDP."
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