The ruling coalition parties proposed Monday a set of economic stimulus measures that includes the government purchase of exchange-traded funds, a type of investment trust that invests in shares, and the reinforcement of the government's bad-loan buyback function.
The coalition's proposals were discussed later in the day at a meeting of the Council on Economic and Fiscal Policy, a key government panel.
During the meeting, the panel's private-sector members also outlined their own proposals, including the possibility of injecting the nation's banks with public funds in order to shore up their capital bases, along with the implementation of major tax cuts.
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