Tuesday, September 2, 2008

Japan to roll up stimilus plan.

The Japanese government unveiled Friday a series of economic measures meant to rescue the stagnent economy. They include an income tax cut, fuel subsidies and government loans to small and mid-size business for a stimilus pacjage worth Y11,500bn about $18 billion. This will be the country 15th in sixteen years.

For more, see FT.

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