Home Japan’s Nishimura: Will compile economic package as soon as possible
FXStreet News

Japan’s Nishimura: Will compile economic package as soon as possible

Japanese Economy Minister Yasutoshi Nishimura  was on the wires last minutes, via Reuters, confirming the rolling out of the new economic stimulus package, as cited by the Japanese PM Abe earlier today.  

Key Quotes:

Size of economic steps to be decided after deliberations.

Package will be combination of funding from supplementary and annual budget.

Economic package will consist of disaster relief, steps to boost productivity and post-Olymipic investment.

No change to view economy recovering moderately but package will be pre-emptive against overseas risks.

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.