/RATINGS: Fitch notes that "The coronavirus...>

JAPAN: /RATINGS: Fitch notes that "The coronavirus shock and Japan's fiscal

policy response will sharply widen the 2020 budget deficit and increase the

public debt burden, Fitch Ratings says. High public debt is a key sovereign

rating weakness, and the shock will interrupt the decline in the debt

trajectory. Earlier this month, the government announced 'Emergency Economic

Measures' including support for households and businesses through cash

transfers, tax and social security contribution deferrals, wage subsidies, and

lending programmes. We estimate the total budgetary impact of these and other

support measures at about 3.5% of GDP in 2020."

- Link: https://tinyurl.com/ybnr24qw