Arab Today, arab today boj chief voices impatience with abe\s policy blitz
Last Updated : GMT 23:51:35
Arab Today, arab today
Arab Today, arab today

BoJ chief voices impatience with Abe\'s policy blitz

Arab Today, arab today

Arab Today, arab today BoJ chief voices impatience with Abe\'s policy blitz

Tokyo - AFP

Japan's central bank chief has forecast victory in his battle against stubborn deflation that has sapped growth for years, but expressed impatience over the pace of Premier Shinzo Abe's policy blitz aimed at jump-starting the long-laggard economy. Bank of Japan Governor Haruhiko Kuroda said stimulus measures had boosted economic activity and produced durable inflation. But he warned that Abe's government needed to step up its campaign for deeper, structural reforms that go beyond monetary policy to achieve more sustainable longer-term success. Unless Abe acts swiftly, "the real growth rate may be disappointing", Kuroda said in an interview published in The Wall Street Journal Saturday. "That is not good for the economy, not good for the society. "Implementation is key, and implementation should be swift," Kuroda said. Kuroda projected confidence that Japan was on track to hit his target of two percent inflation by next year, putting an end to years of deflation depressing the world's third largest economy. The bank's stimulus, similar to the US Federal Reserve's asset-buying plan known as quantitative easing, aims to inject massive sums of money into the financial system to spur growth and reach a 2.0 percent inflation target by next year. This easing is a cornerstone of Abe's policy blitz dubbed Abenomics which called for big government spending, looser monetary policy and deregulation as the prescription for jump-starting growth. Critics, however, say Abe has yet to follow through on structural reforms to the economy, including shaking up labour markets, signing free-trade deals and bringing more women into the workforce.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today boj chief voices impatience with abe\s policy blitz Arab Today, arab today boj chief voices impatience with abe\s policy blitz

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday