BoJ doing all it can to bolster growth, says Shirakawa

masaaki-shirakawa

Masaaki Shirakawa, the governor of the Bank of Japan (BoJ), on Monday said the central bank was doing all it could to support growth.

Shirakawa pointed to its Y3 trillion ($35.6 billion) direct lending programme, unveiled in June. The BoJ conducted its first disbursement through the scheme, which is targeted to support research and development and new business among other areas, in early September, handing out Y426.5 billion to 47 financial institutions. "The central bank anticipates that the me

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