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25 Aug 2016
Nikkei: Japan preparing first shot of stimulus under extra budget
Nikkei reports that Japanese government would inject JPY 4.52 trillion into the economy this fiscal year.
Key quotes (via Nikkei):
- Mainly through public construction projects
- A supplementary budget proposal was approved Wednesday
- The rest of the 6.2 trillion yen total injection, a centerpiece of Abe's 28 trillion yen package, will be funded under the fiscal 2017 budget