Japan: Fitch maintains rating to ” A ” – Le Figaro

The Fitch rating agency maintained at “A” long-term debt rating of Japan, but lowered its outlook for developments after the announcement by Prime Minister Shinzo Abe a second carry up VAT.

perspective, going from “stable” to “negative”, which means that the agency might downgrade in the near future, reflects “a loss of confidence in the commitment of the Japanese authorities to clean up accounts, “said Fitch in a statement. Japan’s public debt stands at around 250% of gross domestic product.