Fitch Says Next Two Months to Test Kan’s Debt Mettle
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Japanese Prime Minister Naoto Kan’s debt-fighting credentials will be tested over the next two months as he releases a fiscal strategy and his party contests mid-term elections, Fitch Ratings said.
“It’s early days for his government, so the intention is there, but it remains to be seen how strong the consensus is” among politicians and the electorate, Andrew Colquhoun, Hong Kong-based director at the company’s Asia-Pacific sovereign group, said in an interview in Tokyo today. “The next two months is quite an important period.”