Japanese Govt officially announces its JPY 26 trillion economic stimulus package

Finally, the much-awaited and already known headlines are out on the wires, via Reuters, as the Japanese government officially announces its JPY 26 trillion economic stimulus package.
Key Details:
Package includes ¥13.2 trillion of fiscal measures.
Package includes actual spending of ¥9.4 trillion.
Package includes central government spending of ¥7.6 trillion.
Extra budget to cover ¥4.3 trillion worth of stimulus measures.
USD/JPY is little changed around 108.90 on the above announcement.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















