Jul
17
Abe’s Enforcer Rules Out Deficit Bonds to Fund Stimulus Package
ByPhotographer: Kiyoshi Ota/Bloomberg
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Japan’s top government spokesman ruled out the issuance of deficit bonds to fund an economic stimulus package planned for the autumn, hinting at the use of construction bonds for longer-term investments.
“We want to make full use of every possible resource, including for financing, to make it robust,” Chief Cabinet Secretary Yoshihide Suga said in an interview Saturday at his offices in Tokyo. “I want to make it clear that we are not planning to issue” deficit bonds, the 67-year-old said…
Abe’s Enforcer Rules Out Deficit Bonds to Fund Stimulus Package