Japan’s Abe: Will issue construction bonds to fund stimulus package, 1st time in 4 yrs
Japan’s PM Abe has instructed the government to compile economic stimulus package tomorrow, which will include the following measures to revive the ailing economy:
Will instruct econ minister Ishihara tomorrow to compile econ stimulus package
Will implement economic measures to support domestic demand
Economic steps to encourage future investment
Will issue construction bonds to fund stimulus package, first time in 4 years
Economic steps to encourage 21st century infrastructure
"Let's make most of zero interest rate environment"
Will proceed with labour reforms global economy faces various risks
Must strengthen global co-ordination to address uncertainty and support world growth
Will accelerate exit from deflation as much as possible
Will consider scale of economic measures from here on
Doesn't think LDP constitutional draft will pass unchanged