Latest chatter doing rounds from the Japanese press today cites Japan’s government mulling over economic stimulus measures worth more than 5 trillion yen.
Key Headlines:
The government and ruling parties will consider compiling economic stimulus measures worth more than 5 trillion yen
Fiscal spending to enhance welfare and stir private consumption
The move is expected to come after the Diet enacts fiscal 2016 budget and tax revision bills on Tuesday
The government plans to submit an extra budget bill at a special Diet session to be convened by autumn
(Market News Provided by FXstreet)
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