Bankrupt Yubari City to Complete Debt Repayment Next Year
The city of Yubari in Hokkaido, which declared financial collapse 20 years ago, is preparing to complete repayment of approximately 35.3 billion yen in debt by March 2027, paving the way for lower property taxes, improved municipal employee salaries, and a renewed focus on public services. (News On Japan)
We haven't written up this one. News On Japan has the full story — the link below goes straight to it.
