April 22, 2011
As a result of damage caused by the Great Eastern Japan Earthquake, there has been an increasing uncertainty about the Japanese economy. In order to expedite and ensure the recovery and restoration from the unprecedented disaster, it is vital to stabilize the financial market and secure the smooth flow of money.
In view of this, KEIDANREN has released the proposals that request the government and the Bank of Japan to take various financial and monetary measures to help promote the recovery and restoration efforts from the calamities.
The proposals calls for various measures including the Bank of Japan's continued policy of monetary ease, upholding of fiscal discipline and the stable exchange rate to help ensure stability of the financial market and the financial system. The proposals also set out request for policy measures to help corporations' smooth fund raising.