Rumors of Japan add an additional 12 trillion yen to boost the economy - hpc


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According to the “Yomiuri Shimbun” reported, Japanese government this month announced a size of about 12 trillion yen ($ 136 billion) economic stimulus measures to boost Japan's shrinking economy.
The Yomiuri Shimbun without citing sources reported as of the supplementary budget for the fiscal year ended March this year, will include public works spending 5 trillion to 6 trillion yen.
Prime Minister Shinzo Abe commitment to improve the growth and end deflation, on the occasion this budget might help the economy out of recession and accelerate the speed of recovery.
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