The Traderszone Network

Published in TZ Latest News 24 August, 2015 by The TZ Newswire Staff

Japan’s Nikai says government needs to produce a supplementary fiscal budget

Head of the ruling LDP’s decision making council and a close aide to PM Abe at a news conf. Kyodo/Reuters reporting
– govt must compile a supplementary budget for fiscal spending to support the economy in the wake of global stock market declines
Nikai’s remark adds to growing calls within the party for a fresh fiscal stimulus to prop up growth after Japan’s economy shrank in Q2 on weak household spending