Tuesday, December 8, 2009

Japan has prepared a package of economic incentives by $ 81 billion

The Government of Japan has prepared a package of economic incentives of about $ 81 billion, the second economy in the world began to grow over the last two quarters of this year, but deflation and a strong yen threatened to stop the uncertain recovery of the Japanese economy. The stimulus package includes measures to support small and medium businesses, as well as subsidies for the purchase of energy-efficient cars and household appliances. This will further increase the public debt of the country. According to this indicator, Japan leads the Group of Seven leading industrialized countries, which also includes the U.S., Britain, Germany, Canada, France and Italy

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