The economic recovery plan is thought to small businesses and low-income households. Further development aids for the affected in 2011 by the strong earthquake zones are planned.
Program should be financed without debt
According to the Japanese government, the new program to boost the economy, with a total count of 24 billion euros, can be realized without new debt, and lead the economy to a growth spurt in the amount of 0.7 percent. However, it is doubted by analysts that the effect will be on the economy in this size. Beneficiaries of the program are, according to statements from government circles, especially low-income households and small businesses. In addition, are by the earthquake in 2011 severely affected regions, mortgage loans with low interest rates could be awarded to encourage the construction activities in these areas.
Privatization of the post is going to be implemented
Another major project, waiting for its implementation since 2005, should be implemented in 2015 now. If this about really, it would be the biggest IPO by a Japanese government-owned company since about twenty years, and should bring in around 6.8 billion euros in revenue. When privatizing the mail and parcel business will be excluded, and include the post holding company, the banking and the insurance sector. Banking and insurance business of Post Group is an industry leader in Japan.