Stimulus called costly, short-term fix

| Apr 14, 2009

Stimulus called costly, short-term fix

The record ¥15.4 trillion stimulus package may give the economy a short-term boost, but leave it saddled with a debt burden that will smother future growth, economists have said. The plan unveiled Friday by Prime Minister Taro Aso, who faces a general election this ...

Mar 24, 2009

Aso's next stimulus may top ¥10 trillion

Prime Minister Taro Aso’s next stimulus package may need to exceed ¥10 trillion to bolster an economy heading for its worst postwar recession, analysts say. Aso, whose approval rating has plunged ahead of an election that must be called by September, called this month ...