Moody’s – Japan is making progress on the back of rising exports & expected fiscal support

Ratings agency Moody’s , in its latest issue of Inside Japan, says the Japanese economy is showing evidence of incremental progress on reflation, after the government announcement of a fiscal package in August 2016.

Moody’s says that stronger external demand has augmented the impact of the government’s measures.

Key points

Government of Japan – A1 stable

Government of Japan – Abenomics third arrow supports economic revitalization goals; remains a work in progress.