Economy

Japan stimulus package to likely total $170 billion according to Kyodo By Stocksak


© Stocksak. FILE PHOTO – People run with Tokyo’s commercial district in the background. Tokyo, Japan, April 7, 2021. Picture taken April 7, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Stocksak), Japan will likely spend 25.1 trillion Japanese yen ($170 Billion) in its upcoming economic stimulus program, the Kyodo news agency reported Wednesday.

Kyodo stated that the package will likely be worth 67.1 trillion Japanese yen and includes municipal government expenditures.

($1 = 147.9300 yen)

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