JAPANESE GOVERNMENT APPROVES $116 bn STIMULUS PACKAGE TO REVIVE ECONOMY.
The package will include infrastructure spending,as well incentives to businesses
to boost investment.The government said the stimulus is likely to boost Japan's
GDP to TWO percentage points.
Japan,the world's Third largest economy is currently in recession and this move is
expected to create jobs and raise incomes to sustain growth.
Source:BBC News-Business.
The package will include infrastructure spending,as well incentives to businesses
to boost investment.The government said the stimulus is likely to boost Japan's
GDP to TWO percentage points.
Japan,the world's Third largest economy is currently in recession and this move is
expected to create jobs and raise incomes to sustain growth.
Source:BBC News-Business.
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