Xinhua Tokyo, November 30 Japanese government introduced in the 30th about 880.3 billion yen (U.S. $ 10.7 billion) emergency economic measures to respond to the Japanese economy further downside risks.
Japanese government allocated 880.3 billion yen from the 2012 annual budget reserve, together with local governments to share part of the second economic measures is expected to reach 1.2 trillion yen (U.S. $ 14.6 billion). The stimulus responses will be mainly used for childcare facilities, employment, temporary disaster area residential, disaster prevention and mitigation, SME finance fields.
The measured data show that the Cabinet Office released the same day, this round of fiscal spending measures will be pulled up Japan's real GDP by 0.2 percentage points, about 80,000 new jobs.
Japanese government on May 26 by the scale of about 422.6 billion yen (about 5.1 billion U.S. dollars) emergency economic measures, then alleged to small-scale, limited the effect of economic support.
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