Japan Approves New $61 Bil. Stimulus Package
By wchung | 25 Apr, 2026
The Japanese Cabinet has approved 5.05 trillion yen ($61 billion) in new measures to stimulate the country’s economy.
The stimulus package approved Friday is aimed at halting the yen’s rise and battling deflation.
Recent economic indicators in Japan have shown deteriorating exports, industrial production and corporate sentiment.
The country has already implemented a 915 billion yen stimulus package, and its central bank has recently moved to cut its key interest rate to near zero and stem the yen’s rise by intervening in currency markets.
The stimulus package is to be included as part of a supplementary budget that will be submitted for debate in parliament later this month.
TOKYO (AP)
Recent Articles
- Caocao to Deploy Thousands of Cost-Efficient Robotaxis in 2027
- US to Add Firing Squads, Electrocution and Gassing to Execution Methods
- Intel Leads Soaring AI Stocks on Signs the Boom Now Includes CPUs
- US Consumer Sentiment Fell to Record Low in April
- Trump Hosts Mar-a-Lago Event for Biggest Investors in the Nearly Worthless $TRUMP Coin
- Republicans Retool Midterms Strategy to Include Less Trump
- Iran Rejects 'Maximalist Demands' Ahead of Islamabad Peace Talks
- Student Zamil Limon Found Dead, Female Friend Still Missing
- Vox Momenti: The Hot Asian Woman's Burden
- MLB’s Fraud Watch Includes Two All-Stars