( May 2nd, 2016) The decision by the Bank of Japan to put off more economic stimulus for now means that market watchers are turning their attention to Prime Minister Shinzo Abe to see if he will propose a supplementary spending package to accelerate economic growth.
The Boston Global Forum has named Mr. Abe a “World Leader for Peace, Security and Development.’’
Bloomberg News has noted: “Abe has already said he’ll create a supplementary budget to address the economic damage caused by deadly earthquakes in Kumamoto earlier this month. The central bank said on Thursday it would supply 300 billion yen of funds to banks affected by the quakes.’’