Kyoto city will go bankrupt within 10 years! What is the cause? What is the solution? What will happen to the thousand-year capital?

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YOMIURI TELECASTING CORPORATION NEWS CHANNEL

Published on Aug 6, 2021
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On June 7, 2021, Kyoto City Mayor Kadokawa revealed a shocking truth at a press conference: "If things continue as they are, Kyoto City's finances could collapse within 10 years." Kyoto City has the worst "future burden ratio (the weight of the burden of future debts, etc.)" among designated cities, with an effective debt balance of 850 billion yen. Kyoto City is facing the risk of falling into a "financial reconstruction organization," which is the equivalent of a company going bankrupt. What is happening now in this city of tradition and culture? What is the cause of the financial crisis? Is there really a solution? This is an in-depth investigation. (Kansai Information Network ten. Broadcast on August 3, 2021) #ten #Kansai Information Network ten #Yomiuri TV News #Kyoto #Kyoto City #Millennium Capital #Mayor Kadokawa #Financial bankruptcy #Financial crisis #Future burden ratio #Financial support #Financial reconstruction organization #Yubari City #GekioiX ▼SNS for Yomiuri TV News Department TikTok / ytvnews Twitter / news_ytv ▼Yomiuri TV News https://www.ytv.co.jp/press/ ▼Information Live Miyaneya https://www.ytv.co.jp/miyaneya/ ▼Kansai Information Network ten. Facebook / ytvten Instagram / ytv.ten Twitter / ytvnewsten Website https://www.ytv.co.jp/ten/ ▼Submit information here via "Submission Box" https://www.ytv.co.jp/toukou_box/

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