Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 11, 2013 12:43:28

Japan presented the large government incentives

ColosseumJapan's new government today announced that in the coming months, plans to spend 10.3 trillion yen (116 billion USD) to support economic growth in the country. 3.8 trillion will minutých in preventing disasters, 3.1 trillion will be aimed at stimulating private investment. The stimulus package should raise GDP growth rate by 2 percentage points. Expected to create 600,000 new jobs. The government is thus trying to reach the country from a recession and deflation. Also, it is expected that even central banks have access to a further easing monetárnej policy. Japanese government only responds to weakening the lowest level since the end of June 2010.

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