Thursday, September 12, 2013

Reuters: US Dollar Report: Japan finmin: will mull econ stimulus without resorting to govt debt

Reuters: US Dollar Report
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Japan finmin: will mull econ stimulus without resorting to govt debt
Sep 13th 2013, 02:37

TOKYO, Sept 13 | Thu Sep 12, 2013 10:37pm EDT

TOKYO, Sept 13 (Reuters) - Japanese Finance Minister Taro Aso said on Friday that the government will consider offering a stimulus package for the economy without issuing new bonds to finance it.

Aso made the comment in a news conference after a cabinet meeting.

Japan's public debt exceeded 1 quadrillion yen -- or 1,000 trillion yen ($10.09 trillion), about double the country's GDP, for the first time in June.

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