Japan to Implement a $154 bln Stimulus Package to Revive its Economy
April 08, 2009 at 22:55 PM EDT
Japan’s government plans to implement a $154 bln stimulus package to help jumpstart the economy, according to Bloomberg News. The measures would represent about 3% of GDP. “Japan has had the worst economic deterioration among developed nations, and that’s pushed the government to come up with a package of this size,” said Junko Nishioka, an economist [...]