Japanese government sources with knowledge of the matter told Reuters on Tuesday, Japan will earmark 4.4 trillion yen ($40.52 billion) in the 2020 fiscal year’s budget for measures to boost private demand as well as enhance science and technology as part of Prime Minister Shinzo Abe’s growth strategy. Additional Details: “The government will urge ministries to trim spending in other areas such as public works by 10 percent from this fiscal year The Ministry of Finance will gather spending requests from government ministries by the end of August in accordance with the outline.” The Japanese currency remains little affected by the reports of increased fiscal spending news, leaving USD/JPY miring in lows near 108.60 region. 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. View All Post By FX Street FXStreet News share Read Next EUR/JPY Technical Analysis: Upside stays capped by the 55-day SMA at 121.88 FX Street 4 years Japanese government sources with knowledge of the matter told Reuters on Tuesday, Japan will earmark 4.4 trillion yen ($40.52 billion) in the 2020 fiscal year's budget for measures to boost private demand as well as enhance science and technology as part of Prime Minister Shinzo Abe's growth strategy. Additional Details: "The government will urge ministries to trim spending in other areas such as public works by 10 percent from this fiscal year The Ministry of Finance will gather spending requests from government ministries by the end of August in accordance with the outline." The Japanese currency remains little affected by… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
