Japan approves stimulus package
on 26/10/2012 09:34:00
The emergency spending package is also meant to help make up for lost momentum from reconstruction in the region devastated by the March 2011 earthquake and tsunami.
Prime Minister Yoshihiko Noda's leeway to boost spending is limited by a legislative stand-off preventing issuance of deficit-covering bonds.
Mr Noda has ordered the government to draft further measures to boost growth.