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BOJ under intense pressure to announce bold new moves in wake of fiscal package
Published Thu, Jul 28, 2016 · 09:50 PM
Tokyo
THE Bank of Japan is under intense political and market pressure to announce bold monetary actions on Friday after a government announcement on Wednesday that it had planned a fiscal stimulus programme amounting to 28 trillion yen (S$361 billion) or 5.6 per cent of Japan's GDP over the next several years.
Finance minister Taro Aso and economic affairs minister Nobutero Ishihara both urged the…
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