As a result, the amount outstanding of the Asset Purchase Program will be increased further by about 10 trillion yen in 2014 – to about 111 trillion yen – and is expected to be maintained thereafter.
C.  Strengthening policy coordination between the government and the bank  On January 22, 2013, the Bank released “Joint Statement of the Government and the Bank of Japan on Overcoming Deflation and Achieving Sustainable Economic Growth”.