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Japan Leans on Fiscal Stimulus to Keep Recession at Bay

  • Total package worth about 26 trillion yen, package shows
  • Steps will boost growth by 1.4 percentage point, package says
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Kathy Matsui of Goldman Sachs, discusses Japanese Prime Minister Shinzo Abe’s fiscal reform package and the economy.(Source: Bloomberg)
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Japan’s Prime Minister Shinzo Abe announced stimulus measures to support growth in an economy contending with an export slump, natural disasters and the fallout from a recent sales tax increase.