Japanese government mulls 20 trillion yen stimulus package

According to varies Japanese news agencies, including Kyoto, the Japanese government is considering a supplementary budget in the tune of 20 trillion yen, with the possibility of a larger sum not ruled out. The new package of measures is likely to be approved in early August.

As Kyoto reports: "The government initially envisaged compiling a stimulus package of somewhat more than 10 trillion yen . But the size is likely to double as the package will now include projects for fiscal 2017 and beyond and increase "zaito" low-interest government loans by 6 trillion yen."