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Japanese Prime Minister Prepares to Launch a New Stimulus Plan

By Geng Chen,
31 March 2009 08:41 GMT

Japanese Prime Minister Aso said he planned to submit an extra budget for the FY beginning April 1, including a stimulus package to boost the flagging Japanese economy. He told a news conference Tuesday afternoon that the size of the extra budget had not yet been decided. His remarks come as he heads to a G-20 in London on April 2, which will include discussion of measures to boost the global economy, expected to experience its first annual contraction since World War II.

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31 March 2009 08:41 GMT