2 Mar 2016
S&P: Large Japan economic stimulus would raise concerns
In an interview published by Reuters, Kim Eng Tan - S&P's Asia-Pacific senior director of sovereign ratings, highlighted concerns over Japan’s massive stimulus package.
Key Headlines:
Do not think Japan can put out big enough economic stimulus support without raising concerns about the size of its spending
Size of any stimulus will have to be carefully calibrated
Credit rating impact of planned sales tax hike depends on economic conditions at the time
Strong yen may remove external support on budget balance
S&P unlikely to change Japan's rating for the next year or two
Key Headlines:
Do not think Japan can put out big enough economic stimulus support without raising concerns about the size of its spending
Size of any stimulus will have to be carefully calibrated
Credit rating impact of planned sales tax hike depends on economic conditions at the time
Strong yen may remove external support on budget balance
S&P unlikely to change Japan's rating for the next year or two