¥468.5 Bil. Loaned to Households Due to COVID-19 is Now Uncollectable; Number May Increase with Further Defaults
- Posted on October 23, 2024
- By The Japan News
- 1 Views
¥468.5 Bil. Loaned to Households Due to COVID-19 is Now Uncollectable; Number May Increase with Further Defaults
Of the over ¥1.4 trillion loaned to households in financial distress due to COVID-19 through the government’s special loan program, ¥468.5 billion has been exempted from repayment and is now uncollectable, according to the Board of Audit of Japan.
