The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » Japan Earmarks $490B to Boost Economy Amid Ballooning Debt
    Uncategorized

    Japan Earmarks $490B to Boost Economy Amid Ballooning Debt

    November 19, 20211 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Pile of dollars against digitally generated japan national flag
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    Japan’s government has approved a $490 billion economic stimulus package equivalent to one-tenth of the gross domestic product to boost growth.

    • The package, which is almost double what analysts projected, is expected to boost small companies and in-need families. Some families with children will get cash transfers of almost $900 for each child up to 18 years, with small business support of up to $22,000.
    • The stimulus package, by new Japan’s Prime Minister Fumio Kishida, does not call for major increases in taxes. Some government debt is expected to boost the spending plan.
    • Economists have criticized Japan’s spending plans saying the handouts are unable to address structural issues that hold back growth, such as poor productivity. Others warn of the ballooning national debt, which rose to almost $11 trillion in September. 

    Japan’s economy contracted by 3% in the July to September quarter. The contraction happens for the second time in three quarters.

    Nikkei 225 is up +0.50%, USDJPY is down -0.45%

    Source: WSJ

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    Japan
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    Modern way of exchange. Bitcoin is convenient payment in global economy market. Virtual digital currency and financial investment trade concept. Abstract cryptocurrency with gold bitcoin background.

    Japan Passes Bill to Regulate Stablecoins After TerraUSD’s Collapse

    June 3, 2022
    Cryptohopper
    4.0

    Cryptohopper Review: Pros, Cons, Recommendations

    May 23, 2022
    Graphics, coins and banknotes of the European Union

    Euro Area Economic Sentiment Fell in April on Russia’s Invasion of Ukraine

    May 2, 2022

    Japanese Yen Tumbled to ¥125,7-Year Record Low After Dovish BoJ’s Stance

    March 28, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    43  −    =  39

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.