TOKYO, Aug 25 : Japan's finance ministry is expecting its debt-servicing cost to rise 17.1 per cent to a record 36.6386 trillion yen ($229.94 billion) in the next fiscal year starting from April because of rising interest rates, Kyodo News reported on Tuesday.($1 = 159.3400 yen)

Japan plans to spend a record 16.6 trillion yen on interest costs in FY2027 as rising rates and ballooning debt push total budget requests past

TOKYO, Aug 25 : Japan's finance ministry is expecting its debt-servicing cost to rise 17.1 per cent to a record 36.6386 trillion yen ($229.94 billion) in the next fiscal year…