Is Japan's Fiscal Plan Too Little Too Late?
Japan’s government is set to announce 4.6 trillion yen ($45 billion) in extra spending for the current fiscal year, according to a draft of the plan being discussed by ruling party lawmakers ahead of a cabinet meeting later Tuesday. The spending is part of what Prime Minister Shinzo Abe has flagged as a 28 trillion yen stimulus package aimed at bolstering the economy over several years without abandoning targets to cut borrowing. Standard Chartered Chief Economist Sarah Hewin discusses with Bloomberg's Francine Lacqua on "The Pulse."
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