Japan may will introduce about 109 billion U.S. dollars for economic stimulus measures
Hexun hearing the news, according to “Business Week” on February 15th it is reported, Japan is considering further economic stimulus measures to provide the massive new funds to improve the economic situation fighted against by recession. It is reported that the amount of Japanese economic stimulus measures involved could be as high as 10 trillion U.S. dollars, or about 109 billion U.S. dollars. The Japanese government will launch a new economic stimulus measures is no means accidental the news. It is understood that as the world’s second largest economy, because of the global economic downturn, a sudden reduction of the demand and a variety of factors, it was impacted.
Japan intends to introduce economic stimulus package with more than one trillion U.S. dollars-scale
On February 15th, as soon as possible to prevent further deterioration of the economy, the Japanese government and the ruling party on the 15th will introduce to determine the additional large-scale programmatic approaches to stimulate the economy. According to Japan’s Kyodo news agency, it is reported that the government is expected that the program of financial expenditure will have 15 trillion to 20 trillion yen, in which the overall size will be more than 100 trillion yen (more than one trillion U.S. dollars).
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