According to the Treasury Department, the total amount of "country debt" combined with the three government bonds, borrowings and government short-term securities as of the end of last year was 1085 trillion 753.7 billion yen, the largest ever .

The outstanding balance of government bonds increased by more than 6.2 trillion yen to 956.25 trillion yen as compared with the end of September last year. It is because social security expenses such as medical care and nursing care increase due to aging, can not make it only by tax revenue, and it relies on government debt which is new debt.

Borrowed money is 53,712.8 billion yen. Temporary government securities issued for short-term financing are ¥ 75,078.9 billion.

If you simply divide the national debt by the total population of Japan as of the 1st of last month, you will be debiting about 8.57 million yen per citizen.

The government plans to issue new government bonds of 33 trillion yen or more in FY2003 beginning in April. Also, as the debt of the country continues to increase, as interest rates rise, the burden of interest payment will also be heavy, so efforts to prompt fiscal consolidation are required.