Prime Minister Shinzo Abe’s cabinet approved a $120 billion stimulus program, Japan’s largest in more than three years, aiming to counteract the effect of a recent sales-tax increase
TOKYO—Prime Minister Shinzo Abe’s cabinet approved a $120 billion stimulus program, Japan’s largest in more than three years, citing the same global economic risks that have led central banks in the U.S. and Europe to cut interest rates.
Mr. Abe’s plan is also aimed at healing a self-inflicted wound on the Japanese economy: the October increase in the national sales tax to 10% from 8%. Retail sales fell 7.1% in October and car sales were particularly hard-hit, suggesting the tax may have led consumers to refrain from big-ticket...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan unveils $120 billion fiscal boost to fight external risks, post-Olympics slumpJapan unveiled a $120 billion fiscal package on Thursday to support stalling gro...
Lire la suite »
Japan launches $122 billion stimulus to fight trade risks, post-Olympic slumpJapan's cabinet approved a $122 billion fiscal package on Thursday to suppo...
Lire la suite »
Japan unveils $120 billion fiscal boost to fight external risks, post-Olympics slumpJapan unveiled a $120 billion fiscal package on Thursday to support stalling gro...
Lire la suite »
India's cabinet sends religion-based citizenship bill to parliamentCritics have called the proposed law anti-Muslim, and some opposition parties have also pushed back, arguing citizenship cannot be granted on the basis of religion.
Lire la suite »