The government expects its interest payments on outstanding debt to roughly double over the next four years as the Bank of Japan’s gradual rate hikes push up borrowing costs. https://www.japantimes.co.jp/business/2026/02/26/interest-payment-double-2029/?utm_medium=Social&utm_source=mastodon #business #financeministry #boj #kazuoueda #sanaetakaichi
Japan sees interest payments doubling by 2029 as BOJ hikes rate

Interest payments are projected at ¥21.6 trillion ($139 billion) in the year starting April 2029, up from the current year’s budgeted ¥10.5 trillion.

The Japan Times