Japan's economy not in state requiring fresh fiscal steps: finance minister Aso

Taro Aso, Japan's deputy prime minister and finance minister, speaks at the Group of 20 high-level seminar on financial innovation"Our Future in the Digital Age", on the sidelines of the G-20 finance ministers and central bank governors meeting in Fukuoka, Japan, on Saturday, June 8, 2019. Kiyoshi Ota/Pool via REUTERS

FUKUOKA, Japan - Japanese Finance Minister Taro Aso said on Sunday the country was not currently in a situation that requires deploying fresh fiscal spending measures. Aso made the comment in a news conference after chairing a meeting of Group of 20 finance leaders in Fukuoka, southern Japan.

That's good.

For those not schooled in the Japanese economic climate - He's pulling a classic Conservative move in order to limit talks about increasing employee wages, addressing number of hours worked, and fixing the retirement fund problem that has been plaguing the nation for 30 years.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G-20 finance leaders' goal: Adapt to turmoil in trade, techFUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank... Hum? Share what you know about realDonaldTrump’s potential impeachable offenses? Please don't. You all have done enough helping yourselves pretending that it was for a great cause. Governments create this problem in the first place.
Source: AP - 🏆 728. / 51 Read more »

China-US talk trade on sidelines of G-20 finance gatheringUS Treasury Secretary Steven Mnuchin and People's Bank of China Governor Yi Gang are due to hold routine talks on various issues and then break away for their discussion on trade amid a row between the world's two largest economies.
Source: trtworld - 🏆 101. / 63 Read more »