ANNOUNCEMENT 24 Nov 2009In November 2009, the government of Japan announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Japanese Ministry of Economy, Trade and Industry. . available at http://www.mlit.go.jp/common/000229684.pdf
On 24 November 2009, the Japanese government released an additional emergency state-funded credit to Japan Airlines. The amount of this credit line is 100 billion Yen (830 million USD).
This intervention was preceded by an earlier intervention in 2009 and complemented by further aid in 2010 (see related measures).
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.