The Ministry of Finance announced the financial situation of the country at the end of last year and the end of Reiwa 2 based on the financial statements of private companies, and the amount of "insolvency" in which liabilities exceed assets is more than 63 trillion yen more than the previous year 655 It was a record high of 1.2 trillion yen.
With the increase in the issuance of government bonds to finance the three supplementary budgets, the increase in insolvency has also become the largest ever.
The Ministry of Finance publishes the financial status of the general account and the special account in an easy-to-understand manner, following the financial statements of private companies.
According to the financial situation at the end of last year announced on the 25th, "assets" such as infrastructure such as roads and securities increased by 39.5 trillion yen from the previous year to 720.8 trillion yen.
On the other hand, “debt” increased by 102.9 trillion yen to 1376 trillion yen.
As a result, the amount of insolvency in which liabilities exceed assets increased by 63.4 trillion yen to 655.2 trillion yen, the largest since 2003 when the announcement was started.
Last year, we made three supplementary budgets as a measure against the new corona, and the amount of government bonds issued as financial resources increased, so the increase in insolvency compared to the previous year was also the largest.
As the government has prepared a supplementary budget of over 35 trillion yen this year, the financial situation may worsen.