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Govt mulls injection of 10 trillion yen.
Govt mulls injection of 10 trillion yen
Yomiuri
The government in considering increasing the amount of state funds that can be injected into ailing banks and other financial institutions in the country to deal with the global financial crisis from the currently planned 2 trillion yen to about 10 trillion yen, sources said Sunday.
It will announce an additional package of emergency market-support measures, which will include restarting the purchase of shares held by banks as early as Monday, according to the sources.
Some lawmakers in the ruling party are concerned that the figure of 2 trillion yen, thought to be the amount the government …
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