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12/5/2019, 3:36 AM (Source: TeleTrader)
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Japan announces $120B stimulus package

Japanese Prime Minister Shinzo Abe announced on Thursday that the government will approve a ¥13 trillion ($120 billion) fiscal package to help the country's economy.

Speaking to government officials and ruling party MPs, he described the measure as "strong." Abe explained that being ready for disaster relief and keeping the economy stable beyond the next year's Tokyo Olympics were some of the reasons why the policy was introduced.

Breaking the News / MS