BREAKING: Japan PM Suga Says New Stimulus Plan Includes $708 Billion Package

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BREAKING: Japan PM Suga Says New Stimulus Plan Includes $708 Billion Package

Photo: Reuters

TOKYO (Reuters) - Japanese government will compile a new economic stimulus package totalling 73.6 trillion yen ($708 billion) with fiscal measures at 40 trillion yen ($385 billion) to revive an economy hit hard by the pandemic, Prime Minister Yoshihide Suga said on Tuesday.

Speaking at a meeting between government and ruling party officials, Suga said the economic measures would "achieve breakthrough to new economic growth".

Suga's cabinet will endorse the economic package later on Tuesday.

Reprinted from Reuters. The copyright is reserved by the original author.

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