Timing of Japan’s Stimulus Package Is Good, Says Professor Shirai

Minister ABBA, speaking in Tokyo, discusses Japan's budget and the impact of a government stimulus package on economic growth. Concerns are raised about the weakening manufacturing sector and export challenges, particularly with China and Asia. The sales tax hike has had a significant impact on consumption, despite government measures to mitigate it. The bond market shows a positive trend with the 10-year yield stabilizing near 0%, aligning with the Bank of Japan's targets.

What is the expected contribution of the government's stimulus package to Japan's economic growth?

• 0.20 percentage point

• 0.40 percentage point

• 0.10 percentage point

• 0.30 percentage point

Which sector in Japan is currently facing significant challenges due to weak exports?

• Real estate

• Manufacturing

• Agriculture

• Services

What was the impact of the sales tax hike on Japan's consumption?

• It was exactly as expected

• It was greater than expected

• It had no impact

• It was less than expected

What is the Bank of Japan's target for the 10-year yield?

• 0%

• 1%

• 2%

• 3%

Why was the stabilization of the 10-year yield considered beneficial?

• It reduced government debt

• It boosted exports

• It increased inflation

• It minimized adverse impacts on the insurance and banking system