Japanese Government 886bn JPY fiscal injection - second extra budget planned ...Middle East

The Japanese government will boost its fiscal loan and investment program with an additional 886bln JPY. One of the aims is to improve the supply chain. Extra funding will come via a second extra budget. Reuters conveys the info, referring to a draft that it has sighted.Loose monetary policy and more fiscal stimulus does not offer much reason to be long yen. This article was written by Eamonn Sheridan at www.forexlive.com.

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