• Japan ‘s Minister of Finance, Taro Aso: The Government does not intend to impose on the Bank of Japan all the responsibility to combat deflation

Market news

23 September 2016

Japan ‘s Minister of Finance, Taro Aso: The Government does not intend to impose on the Bank of Japan all the responsibility to combat deflation

Today, after a cabinet meeting, Finance Minister Taro Aso talked with reporters and answered a few questions. In particular, the official said that the Cabinet does not intend to sit back and lay on the Bank of Japan all the responsibility for the fight against deflation. "The government and the Bank of Japan should work together to solve the structural problems, because the inflation outlook in Japan is still unclear, "- said Aso.

Aso also said that the government intends to promptly take additional economic stimulus package amounting to 28 trillion yen (277 billion dollars), when parliament will hold an extraordinary session on 26 September.

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