Japan's new stimulus package worth about JPY73.6 trln - Bloomberg reports, citing document on the package

Market news

7 December 2020

Japan's new stimulus package worth about JPY73.6 trln - Bloomberg reports, citing document on the package

Fiscal measures reportedly are to comprise around JPY40 trln.

~JPY5.9 trln for virus containment measures;
~JPY18.4 trln to support structural changes toward post-corona economy;
~JPY5.6 trln for disaster management, reduction measures;
~JPY5 trln from FY2020's reserve funds

5 trln from FY2021's reserve funds
incl. funding from special accounts, the extra budget spending on measures is worth JPY20.1 trln

Daily Mirror Political editor: EU chief Brexit negotiator "Barnier said to be "downbeat" when briefing EU ambassadors"

USD/JPY still faces a mixed outlook - UOB

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.