USEUROPEAFRICAASIA 中文双语Français
Home / Mosaic

Aso injects $99b into flagging economy

China Daily | Updated: 2009-04-07 07:57

Japanese Prime Minister Taro Aso has ordered more than 10 trillion yen ($99 billion) in fresh spending to rescue the world's second-biggest economy from its deepest recession since World War II.

The figure amounts to more than 2 percent of Japan's gross domestic product, Finance Minister Kaoru Yosano told reporters yesterday after meeting with Aso.

Yosano said the package is part of the broader international effort to revive the global economy. "These are the instructions I have received (from the prime minister), so I would like to work toward this goal," he said.

Aso injects $99b into flagging economy

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US