Tuesday 30 December 2014

Japan approves $29 bn stimulus package

POLITICAL ECONOMY
Japan approves $29 bn stimulus package
Tokyo (AFP) Dec 27, 2014 - The cabinet of Japanese Prime Minister Shinzo Abe approved a fresh stimulus package worth $29 billion Saturday in a bid to boost the economy, hit hard by a tax hike. The 3.5-trillion-yen package is designed to help the provincial economy, small businesses and the household sector, as well as to increase public spending to rebuild areas hit by natural disasters. "With speedy implementatio ... more


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