Free Trial

Per RTRS: "Japan's fiscal situation will......>

JAPAN
JAPAN: Per RTRS: "Japan's fiscal situation will further deteriorate following
the compilation of stimulus budgets as tax revenue will likely fall due to the
impact of the coronavirus on economic activity, Finance Minister Taro Aso said
on Friday. Aso told reporters after a cabinet meeting that the massive stimulus
has not triggered a bond sell-off or yen selling given market confidence in
Japan's debt management. Aso ruled out the possibility of tax hikes to help
offset a budget gap, saying Japan must revive the economy in order to retain
fiscal discipline."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.