Japan approves US$10.7b stimulus package – Channel NewsAsia

TOKYO: The cabinet of Japanese Prime Minister Yoshihiko Noda on Friday approved a US$10.7 billion economic stimulus package, reports said, ahead of elections that the ruling party is widely expected to lose.

The new government spending of 880 billion yen (US$10.7 billion), confirmed by Dow Jones Newswires and Japanese media, was more than double an earlier package announced in October.

See on www.channelnewsasia.com

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