Lemanik

01-12-2017

Japan budget outline seeks to combine monetary and pro-growth fiscal policies

Prime Minister Shinzo Abe’s top economic advisory panel wants the coming year’s budget to reflect a combination of monetary easing and “growth-oriented” fiscal policy - while at the same time it reins in spending. These seemingly-conflicting goals are contained in a budget outline released on Friday by the Council on Economic and Fiscal Policy (CEFP). REUTERS