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Japan approves US$27b extra stimulus budget to boost growth

MR ASO: Has said that the extra budget will help achieve a strong economy to cope with an ageing population.


JAPAN's Cabinet approved on Friday a US$27 billion extra budget for the fiscal year ending in March to revitalise growth, while critics see some of the spending as targeting voters ahead of an Upper House election next year.

The 3.3213 trillion yen (S$38.6 billion) stimulus