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Japan seen adopting extra budget despite solid economy: Reuters poll

From in.reuters.com

The Japanese government is widely expected to compile an extra budget for this fiscal year, despite the improving economy, economists polled by Reuters say. Compiling extra budgets has become a habit for Japan as it struggles to shore up stagnant activity with funds for everything from shopping vouchers and aid for struggling rural regions to reconstruction after the 2011 tsunami and nuclear disaster. This year, however, the Japanese and global economies are in good shape, and 31 out of 35 analysts polled in the Sept. 5-12 survey said there was no need for an extra budget, besides steps for natural disaster relief. ... (full story)

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  • Category: Fundamental Analysis