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Friday, December 06, 2013
Japan Will Introduces Stimulus Package to offset Tax Hike
ANBOUND

Japan will introduce an economic stimulus package worth 18.6 trillion yen with the aim to stimulate the Japanese economy ahead of raising national sales tax. ANBOUND research team believes that the move by Abe administration showed that the impact of raising consumption tax has surpassed the initial expectation. Although massive financial and monetary policies are capable of continuously drive the Japanese economy, but the private investment remains sluggish. Japan is seen to bury a debt crisis bomb.

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