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BRIEF-Moody's says demographic changes are credit negative for Japan's regional, local governments
October 26, 2017 / 6:31 AM / a month ago

BRIEF-Moody's says demographic changes are credit negative for Japan's regional, local governments

Oct 26 (Reuters) -

* Moody’s says credit profiles of Japanese regional and local governments face pressures from population trends

* ‍Moody’s says demographic changes in Japan is credit negative for country’s regional and local governments

* Moody’s says estimate average growth of Japan’s welfare expenditure for designated cities to be about 1-1.5% between 2018 and 2023 versus 3.6% between 2010 and 2015

* ‍Moody's says believe successful introduction of PPPs and/or PFIs will bolster financial strength of fiscally disciplined governments in Japan Source: bit.ly/2yTb8aX

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