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- Japan stimulus package will likely boost GDP by around 3.6% - Prime Minister
Japan stimulus package will likely boost GDP by around 3.6% - Prime Minister
Reuters reports that Prime Minister Yoshihide Suga said that Japan's latest economic stimulus package to help the country recover from its coronavirus-driven slump will likely boost gross domestic product by around 3.6%.
Suga's cabinet on Tuesday endorsed the $708 billion stimulus package, which will include about 40 trillion yen in direct fiscal spending and initiatives targeted at reducing carbon emissions and boosting adoption of digital technology.
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