IMF warns Japan over its staggering national debt - Jul. 23, 2015

Japan's debt will be three times the size of its economy by 2030 unless the government acts now to control spending, the International Monetary Fund has warned.



Japan's debt is already at about 245% of its annual gross domestic product -- or more than 1 quadrillion yen ($11 trillion).



IMF warns Japan over its staggering national debt - Jul. 23, 2015