June 4, 2019 / 9:25 AM / 5 months ago

Japan government policy guidelines call for more stimulus next year - draft

FILE PHOTO: An elderly woman pushes a walking aid as she walks on a street at Tokyo's Sugamo district, an area popular among the Japanese elderly, in Tokyo January 14, 2015. REUTERS/Toru Hanai

TOKYO (Reuters) - Japan should deploy expansive fiscal stimulus “without hesitation” next year if overseas economies pose downside risks to growth, a draft of Japan’s annual economic policy roadmap seen by Reuters showed on Tuesday.

The draft also called on members of the Group of 20 to take preemptive measures against economic crises.

Japan’s government is expected to finalise its annual economic policy roadmap by the middle of this month, which is used to compile the budget for next fiscal year.

Reporting by Stanley White; Editing by Chris Gallagher

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