814d0236d4760e65d6317061ba88d80052768173

Japan approves huge stimulus for sluggish economy

Japanese Prime Minister Shinzo Abe (C), Finance Minister Taro Aso (R), and Economic Revitalisation Minister Nobuteru Ishihara (L) approved a massive stimulus to boost Japanese growthJapan’s cabinet Tuesday approved a mammoth 28-trillion yen ($273 billion) package in its latest attempt to stimulate lacklustre growth, including cash to improve infrastructure and raise the birthrate in the ageing nation. The stimulus plan announced last week is the latest in a series in recent years designed to fire up the world’s number three economy. “We have been able to put together a strong package that includes bold investment for the future,” Prime Minister Shinzo Abe said Tuesday before the cabinet meeting which gave it the green light.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Donald Trump: TIME Person of the Year 2016 https://t.co/EfCGmZoEb1 #timepoy #timemagazine https://t.co/ZIBgutZY10 - 16 hours ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *