Japan PM Suga calls for additional economic stimulus as early as November – Nikkei
|Japanese Prime Minister Yoshihide Suga is likely to ask his Cabinet government to compile additional economic stimulus measures as early as the next month, the Nikkei Asian Review newspaper reported on Tuesday.
The government may also consider extending a “Go To Travel” initiative to subsidize domestic tourism as part of the stimulus, the Nikkei reported.
Chief Cabinet Secretary Katsunobu Kato, however, said at a news conference, “as for financial matters, there is 7.8 trillion yen in coronavirus reserve funds remaining. We’ll utilize that balance first.”
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.