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- Japan budget outline seeks to mix monetary and pro-growth fiscal policies
Japan budget outline seeks to mix monetary and pro-growth fiscal policies
Japan's government will seek to combine monetary easing with "growth-oriented" fiscal policy next year, it said in a budget outline presented at a meeting of its top economic council on Wednesday.
The outline said the government should take flexible and all possible economic steps, including an additional budget for the current fiscal year, which ends March 31. That will be combined with the annual budget for fiscal year 2020/21, beginning April 1, to implement spending seamlessly over a 15-month period.
It said Japan should achieve a primary budget surplus by fiscal year 2025/26.
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