Japan government to approve $140bn stimulus

Japan government to approve $140bn stimulus …C0NTINUE READING HERE >>>

Japan already has one of the world’s biggest ratios of national debt to output.
Photo: Richard A. Brooks / AFP
Source: AFP

Japan’s minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers’ pockets after the ruling party’s worst election result in 15 years.

The October 27 contest saw voters — angry over corruption in the Liberal Democratic Party (LDP) and inflation — deprive new Prime Minister Shigeru Ishiba’s coalition…

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