Moody’s Investor Service on Thursday indicated that it may lower Japan’s credit rating outlook to negative if the government doesn’t do more to address concerns over the nation’s debt, according to a report Thursday. Moody’s analysts said Japan’s credit score would depend on its ability to produce a credible plan for fiscal reforms to curb its mounting debt and stimulate growth in the economy, according to Dow Jones Newswires. Moody’s said it would monitor the government’s mid-term reform plan due in June, in making its decision. The agency last month kept its outlook on Japan’s Aa2 rating at stable
Moody’s says Japan’s rating dependent on reforms
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