Home / Centerstage / 2000 / november / Week 1 /
In a first, the Japanese government has downgraded its evaluation of the economy for the first time in over two years due to a slowdown in household spending and weaker growth in exports. Additionally, Finance Minister Kiichi Miyazawa expressed concerns that the fiscal stimulus package of 11 trillion yen ($102.44 billion) recently approved by the cabinet may not bring about the expected sustainable economic recovery.
Saturday, 11 November, 2000