Moody's downgrades Japan credit 率ing
TOKYO (AP) ― Moody's downgraded the Japanese 政府's credit 率ing Monday in the wake of the 総理大臣 Shinzo Abe's 決定/判定勝ち(する) to 延期する an 増加する in 物品税.
The ratings 機関 said the 負債 率ing was lowered by one notch. Its 声明 特記する/引用するd "高くする,増すd 不確定" about the 政府's ability to 会合,会う its 負債 削減 goals and 不確定 about the タイミング and 有効性 of 対策 to 上げる 経済成長.
Japan, the world's third-largest economy, has the heaviest 負債 重荷(を負わせる) の中で developing nations.
Japan raised its 物品税 in April and planned another 増加する next year as part of 成果/努力s to 修理 政府 財政/金融s. But Abe decided last month to 延期する the second 税金 増加する after the economy slipped into 後退,不況 in the third 4半期/4分の1.
The downgrade lowers Japan's 率ing to Aa3 from A1. The 見通し for the 率ing is "stable," meaning it's ありそうもない to be changed in the 近づく to medium 称する,呼ぶ/期間/用語.
A lower credit 率ing can 増加する borrowing costs for 政府s in overseas markets. Most of Japan's 政府 負債, however, is owned by 地元の banks and 基金s.