Japan PM Shinzo Abe says stimulus package sized over 28 trillion yen: Jiji

By: | Updated: July 27, 2016 11:05 AM

Japanese Prime Minister Shinzo Abe said on Wednesday the government would compile an economic stimulus package sized over 28 trillion yen ($264 billion), Jiji news agency reported.

Abe will announce details of the package, including the total size of around 27 trillion yen (5 billion) on Wednesday afternoon, the TV station reported, citing government officials. (Reuters)Abe said the stimulus package would be announced next week and include 13 trillion yen of “fiscal measures,” Jiji reported. (Reuters)

Japanese Prime Minister Shinzo Abe said on Wednesday the government would compile an economic stimulus package sized over 28 trillion yen ($264 billion), Jiji news agency reported.

Abe said the stimulus package would be announced next week and include 13 trillion yen of “fiscal measures,” Jiji reported.

Those measures are likely to include spending by national and local governments, as well as loan programmes

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition