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Japan to Implement Stimulus Worth over 2% of GDP

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The Japanese government plans to implement new economic stimulus worth more than 2 percent of Japan's gross domestic product (GDP), said Finance Minister Kaoru Yosano on Monday.

The planned new stimulus, which will involve fiscal spending of more than 10 trillion yen (US$99.21 billion), is expected to be finalized on Friday, Yosano told reporters at the prime minister's office.

(Xinhua News Agency April 6, 2009)

 

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