Article YEPR Japan set to unveil expansionary budget

Japan set to unveil expansionary budget

by
Reuters
from on (#YEPR)

Finance minister says the budget marks the first step towards Japan's fiscal plan as it aims for economic revival and a reduction in its debt burden

The Japanese government is planning nearly 537bn of record spending in the next fiscal year to shore up a fragile economy, with Tokyo also promising to rein in a bulging debt burden in an expansionary budget set to be unveiled this week.

Related: Japan 's 'quintuple dip' recession delivers a fresh blow to Abenomics

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