News

Abe's stimulus package is expected to include around JPY 7 trln in spending

Both Reuters and Bloomberg quoting Japanese local government sources, noting that the Japanese PM Abe's stimulus package is expected to include around JPY 7 trln in spending.

Key Headlines:

Japanese Govt to fund about JPY 7 trln of its 28 trln + package via driect/local govt spending

No time period specified over which spending would be made

The money will be part of the JPY 13 trln fiscal measures

Abe yet to reveal the nature of the 15 trln balance

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.