Analysis:BOJ's retreat from low rates heightens Japan's debt troubles

Petru Mazilu

TOKYO :The Bank of Japan's retreat from a decade-long radical stimulus is pressuring the government to rethink the way it funds its big spending packages with additional debt, a challenge made more daunting by political demands for permanent tax breaks. Prime Minister Shigeru Ishiba's administration plans to spend 13.9 trillion yen ($92 billion) for a package of steps to cushion the blow from rising living costs, which will be funded by this year's supplementary budget to be finalised on Friday.

Analysis:BOJ's retreat from low rates heightens Japan's debt troubles https://www.channelnewsasia.com/ - 28.11.2024 09:57
Analysis:BOJ's retreat from low rates heightens Japan's debt troubles https://www.channelnewsasia.com - 28.11.2024 09:23

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Analysis:BOJ's retreat from low rates heightens Japan's debt troubles https://www.channelnewsasia.com/ - 28.11.2024 09:57
Analysis:BOJ's retreat from low rates heightens Japan's debt troubles https://www.channelnewsasia.com - 28.11.2024 09:23