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Japan Cabinet OKs record stimulus package to fix economy

Mount Equity Group Tokyo, Japan > News > Markets > Japan Cabinet OKs record stimulus package to fix economy

November 19, 2021 3:51 AM

By YURI KAGEYAMA
AP Business Writer

Posted: November 19, 2021 3:51 AM

Updated: November 19, 2021 5:51 AM

  • Kiichiro Sato

    People walk along the streets full of shops, bars and restaurants Friday night, Oct. 1, 2021, in Shibuya, an entertainment district of Tokyo, as Japan fully came out of a coronavirus state of emergency for the first time in more than six months. Japan is poised to approve a record 56 trillion yen, or $490 billion stimulus package, including cash handouts and aid to ailing businesses, to help the economy out of the doldrums worsened by the coronavirus pandemic.

TOKYO (AP) — Japan’s Cabinet approved on Friday a record 56 trillion yen ($490…

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