Bloomberg News

Japan at ‘Significant Risk’ If Debt Not Addressed, Azumi Says

By Mayumi Otsuma
January 23, 2012

Jan. 24 (Bloomberg) -- Japan’s Finance Minister Jun Azumi said allowing the nation’s finances to deteriorate further would present a “significant risk to stable economic growth” and that efforts to contain debt should be made “as soon as possible.”

He made the remarks in an address to parliament in Tokyo today.

Top Stories: TOP <GO> Global economy watch: GEW <GO> Japan’s economic snapshot: ESNP JN <GO> World currency ranker: WCRS <GO> Nikkei 225 Stock Average: NKY <Index> GP M <GO>

--Editor: Lily Nonomiya

To contact the reporter on this story: Mayumi Otsuma in Tokyo at motsuma@bloomberg.net

To contact the editor responsible for this story: Chris Anstey at canstey@bloomberg.net

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