Tag - fiscal-spending

 
 

FISCAL SPENDING

Japan Times
BUSINESS / Economy
Apr 28, 2020
Stimulus steps cannot easily buoy coronavirus-hit economy, Abe says
Speaking in a parliamentary session, Abe said the current economic situation is 'psychologically more challenging than the Great Depression' in the 1930s.
Japan Times
JAPAN
Apr 27, 2020
Japanese government submits massive extra budget to fight coronavirus
The government submitted to the Diet the u00a525.69 trillion budget to fund a package of emergency measures aimed at mitigating the economic fallout from COVID-19.
Japan Times
BUSINESS / Economy
Apr 20, 2020
Japan's emergency stimulus reaches ¥117 trillion as virus crisis deepens
The government's emergency package to cushion the economy from impacts of the COVID-19 pandemic has reached ¥117.1 trillion after the government approved a revised supplementary budget for fiscal 2020 on Monday.
Japan Times
BUSINESS / Economy
Apr 16, 2020
Japan should drop strings on virus aid, economist says
The government is getting its response to the virus wrong by adding strings to its financial assistance for companies and people, and by not engineering a tighter lockdown, according to best-selling author and economist Yukio Noguchi.
Japan Times
JAPAN / Politics / ANALYSIS
Apr 8, 2020
Behind the scenes, an LDP power struggle over record-size economic package
As the Cabinet approved a record-breaking emergency stimulus package Tuesday, the deep-seated rivalries it has amplified within the ruling Liberal Democratic Party were hidden from view.
Japan Times
BUSINESS / Companies / FOCUS
Apr 8, 2020
Skeptical economists call Japan's largest-ever stimulus package 'puffed up'
To counter the economic crisis caused by the global coronavirus pandemic, Japan adopted on Tuesday its largest-ever emergency economic package worth ¥108 trillion, equivalent to about 20 percent of its gross domestic product.
Japan Times
COMMENTARY / World
Apr 7, 2020
Coronavirus tests Abe’s leadership as economy stalls
The prime minister's economic package may look bold, but action comes late.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 7, 2020
Japan stimulus plan strengthens safety net, but experts split on handouts
Some economists say the financial aid should be focused on those in need while others say the proposed measure appears to be lacking fairness.
Japan Times
BUSINESS / Economy
Apr 7, 2020
No turning back after central bankers' 'seismic' stimulus shift
The world's top central bankers have pulled out all the stops in their fight against the coronavirus fallout, taking money printing to extremes that may become the new normal long after the pandemic is over.
Japan Times
BUSINESS
Apr 6, 2020
Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Prime Minister Shinzo Abe pledged Monday to roll out an unprecedented economic stimulus package equal to 20 percent of economic output as his government vowed to take "all steps" to battle deepening fallout from the coronavirus.
Japan Times
BUSINESS / Economy
Mar 31, 2020
Japan's ruling party asks for ¥60 trillion stimulus to aid virus-hit economy
The Liberal Democratic Party is calling for a ¥60 trillion ($556 billion) stimulus package to help households and small businesses survive the fallout from the coronavirus outbreak.
Japan Times
BUSINESS / Economy
Mar 27, 2020
G20 vows to inject $5 trillion into pandemic-hit global economy
Leaders from the Group of 20 economies said Thursday they would be pumping $5 trillion (¥542 trillion) into the world economy as part of a joint pledge to use all policy tools available to cushion the impacts of the global COVID-19 pandemic.
Japan Times
BUSINESS / Economy
Mar 25, 2020
G20 finance chiefs and central bankers to develop COVID-19 action plan
Finance ministers and central bankers from the world’s 20 largest economies agreed Monday to develop an action plan to respond to the COVID-19 pandemic, which the IMF now expects to trigger a global recession, but disclosed no specifics.
Japan Times
BUSINESS / Economy
Mar 23, 2020
Japan mulls ¥30 trillion in economic stimulus to counter coronavirus impact
Spending by the government is likely to surpass the u00a515 trillion it earmarked during the 2008 global financial crisis.
Japan Times
BUSINESS / Markets
Mar 11, 2020
Bank of Japan looks to boost stocks with additional stimulus as virus roils markets
The Bank of Japan is considering extending further support to the stock market, which has suffered major sell-offs amid the coronavirus outbreak, according to sources close to the matter.
Japan Times
COMMENTARY / World
Mar 3, 2020
Fiscal stimulus can ease the impact of COVID-19 on the global economy
Prompt actions by governments could help prevent the collapse of affected firms and individuals.
Japan Times
BUSINESS
Jan 17, 2020
Japan shrinks budget surplus forecast as it grapples with debt mountain
Japan kept unchanged its timing for balancing the primary budget on Friday, but expects to see a much smaller excess than previously thought when it hits a budget surplus, underlining the government's struggle to rein in massive public debt.
BUSINESS
Dec 24, 2019
Bank of Japan debated monetary and fiscal policy mix as risks from ultralow rates grow
A few Bank of Japan board members said the central bank must work carefully with the government in dealing with the next economic downturn, minutes of the BOJ's October rate review showed Tuesday.
EDITORIALS
Dec 23, 2019
Tax hike helps, but sustainable budget is the key
The government has to get more serious about maintaining a sustainable national budget.
Japan Times
BUSINESS / ANALYSIS
Dec 21, 2019
'Too optimistic': Japan tax hike not enough to boost nation's finances
The nation's tax revenue is expected to end up lower than the record high figure estimated in the fiscal 2020 draft budget.

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