Reuters: Japan To Reveal $182B Stimulus Package

A Japanese government spending package, aimed at bolstering the economy ahead of a national sales-tax hike, will total about $182 billion, people familiar with the process said on Wednesday.

The package, to be approved by Prime Minister Shinzo Abe’s government on Thursday, will be worth 18.6 trillion yen ($181.6 billion), the sources told Reuters on condition of anonymity.

The core of the package will be a supplementary budget that sources said on Tuesday will be between 5.4 trillion yen and 5.6 trillion yen.

Besides central government outlays, the headline figure also includes spending by local governments and corporations, the sources said.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu