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Japan’s $140 billion stimulus package

Japan have announced a stimulus package worth $140 billion, to rescue the economy from its worst crisis since World War II.

The package comes on top of stimulus measures unveiled in October worth 75 trillion yen.

Japan’s economy logged its worst performance in almost 35 years in the last quarter of 2008, shrinking at an annual pace of 12.1 percent.

The package is expected to include measures to help laid-off workers, aid cash-poor companies secure access to credit, improve healthcare, and encourage greater use of solar energy technology.

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Jessica Stanic

Jessica Stanic

Jessica has a background in both marketing and journalism and is dedicated to making the website the leading online resource for small to medium businesses with ambitions to grow.

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