Japan’s Finance Minister Yosano Comments

Written April 7, 2009 at 12:11 AM EST by  

Finance Minister Yosano: Japan’s fiscal situation is “severe”, finding funding for stimulus is a big challenge
- To release revised economic forecast before submitting extra budget.

UPDATE: Japan’s PM Aso has ordered more than ¥10T ($100B) in fiscal spending under the FY09 extra budget – Japanese Press

- Note: Earlier today, it was reported that Japan was planning to unveil a new stimulus program on April 10, which is expected to be more than 2% of GDP.

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