Wednesday 19 June 2013

G8 urges Japan to fix budget

News On Japan

''Japan was urged to follow up on massive central bank stimulus with structural reforms and measures to tackle its budget deficit.
The G8 also said Japan needed to address the challenge of defining a credible medium-term fiscal plan.
"Japan's growth will be supported by its near-term fiscal stimulus, bold monetary policy and recently announced strategy for promoting private investment," it said. "However it will need to address the challenge of defining a credible medium-term fiscal plan."

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