Japan passes $142 billion stimulus budget
- Published: 26 Feb 2013 at 16.43
- Online news: World
Japan's parliament on Tuesday passed a $142 billion extra budget that forms a key part of Prime Minister Shinzo Abe's efforts to tackle the deflation that has dogged the economy for years.
The National Diet Building is shown in Tokyo on February 26, 2013. Japan's parliament on Tuesday passed a $142 billion extra budget that forms a key part of Prime Minister Shinzo Abe's efforts to tackle the deflation that has dogged the economy for years.
The 13.1 trillion yen ($142 billion) package squeaked by the opposition-controlled upper house of parliament less than two weeks after the lower house approved the spending.
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