Japan’s Suga – Stimulus pack to be approved on August 2

Japan’s chief cabinet secretary Suga was on the wires informing markets that the fiscal stimulus package would be approved on August 2.

Abe announced fiscal stimulus package worth JPY 28 trillion earlier this week. However, details revealed the actual size of fresh stimulus is just JPY 5 trillion.

Key quotes

PM Abe to reshuffle Cabinet on August 3

Job situation is steadily improving