First, it decided to increase the size of the Asset Purchase Program (hereafter, the Program; Chart 10). The Program’s size was increased by about 21 trillion yen when adding together the decisions made in September and October.
Looking back to autumn 2010, when the Program was introduced, it started off at a size of about 35 trillion yen; within two years, its size increased by about 56 trillion yen to about 91 trillion yen and its timing of completion was also extended from end-2011 to end-2013.