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Extraction Summary

2
People
8
Organizations
1
Locations
5
Events
0
Relationships
2
Quotes

Document Information

Type: Financial research report
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Summary

This document is a Bank of America Merrill Lynch financial research report from November 18, 2016, analyzing a shift in Japan's fiscal policy towards a looser stance for FY2017. It details a JPY28 trillion stimulus package, the postponement of a consumption tax hike, and commentary from policymakers like Prime Minister Abe and BoJ Governor Kuroda. Despite the user's prompt, the document's content is exclusively about Japanese economics and contains no information related to Jeffrey Epstein.

People (2)

Name Role Context
Abe Prime Minister
Mentioned as Prime Minister who has not abandoned the goal of balancing the primary balance by FY2020.
Kuroda BoJ Governor
Mentioned as the Governor of the Bank of Japan (BoJ) who acknowledged that loose monetary and fiscal policies will ha...

Organizations (8)

Name Type Context
Bank of America Merrill Lynch
The author of the report.
Cabinet (of Japan)
Approved the economic stimulus package in August.
IMF
International Monetary Fund, cited as a source for Chart 10.
CAO
Cabinet Office (of Japan), cited as a source for Chart 10.
Ministry of Finance (of Japan)
Mentioned as being opposed to expanding the deficit.
BoJ
Bank of Japan, its governor Kuroda is mentioned.
MITI
Ministry of Economy, Trade and Industry (Japan), cited as a source for Chart 11.
HOUSE_OVERSIGHT
Appears as a bates stamp/document identifier 'HOUSE_OVERSIGHT_014413' at the bottom of the page, suggesting it is par...

Timeline (5 events)

2014
A period of fiscal tightening whose risks were initially underplayed by BoJ Governor Kuroda.
Japan
August (implied 2016)
The Cabinet of Japan approved an economic stimulus package totaling JPY28trn.
Japan
Cabinet (of Japan)
FY2017
Fiscal year in which Japan's fiscal policy is forecast to turn looser after three years of tightening.
Japan
FY2020
Target year for the Japanese government to balance the primary balance.
Japan
Government of Japan
October 2019
The planned date for the next stage of the consumption tax increase, which has been postponed.
Japan

Locations (1)

Location Context
The country whose fiscal and economic policy is the subject of the report.

Key Quotes (2)

"real water"
Source
HOUSE_OVERSIGHT_014413.jpg
Quote #1
"synergistic effect"
Source
HOUSE_OVERSIGHT_014413.jpg
Quote #2

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