Product Ratio: Policy Blueprint and Interest Rates

product ratio: Ballooning social security costs have made it imperative to rein in spending as the graying of its population picks up pace, according to The Japan Times. One key step on the agenda is to make preschool education free, although questions remain over how to fund such a policy. Japan will maintain its pledge to achieve a surplus in the primary balance by fiscal 2020, while the government's annual economic policy blueprint said that another indicator used to gauge fiscal health the debt to gross domestic product ratio is also important. The blueprint only states that a decision should be reached by the end of the year. The debt-to-GDP ratio is affected by economic growth and long-term interest rates. With a public debt twice the size of its GDP, Japan's fiscal health is already the worst of the major economies. (news.financializer.com). As reported in the news.