Skip to main content
Advertising

Originally published Thursday, January 10, 2013 at 8:45 AM

  • Share:
           
  • Comments (0)
  • Print

News Summary: Japan revs up economic stimulus

STIMULUS PLAN: Japan's ruling Liberal Democratic Party and its government were in the final stages of drafting fresh stimulus spending Thursday reportedly totaling more than 20 trillion yen ($227 billion), rushing to fulfill campaign pledges to break the world's third-biggest economy out of its deflationary slump.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

STIMULUS PLAN: Japan's ruling Liberal Democratic Party and its government were in the final stages of drafting fresh stimulus spending Thursday reportedly totaling more than 20 trillion yen ($227 billion), rushing to fulfill campaign pledges to break the world's third-biggest economy out of its deflationary slump.

THE DETAILS: The bulk of the spending package would go to support industrial revitalization and reconstruction from Japan's March 2011 earthquake and tsunami disasters. It also includes a request to raise military spending.

THE BACKGROUND: Prime Minister Shinzo Abe took office last month vowing to make reviving the economy his top priority.

News where, when and how you want it

Email Icon

The Seattle Times photographs

Seattle space needle and mountains

Purchase The Seattle Times images


Advertising