News

stats speaking

Japan has announced plans for its own historic stimulus package of 15 trillion Japanese yen (approximately $150 billion). Japan has experienced a surge in bankruptcies and a record-setting unemployment rate. Prime Minister Taro Aso hopes the package will keep Japan's economy afloat. Here are some statistics about how the money will be utilized:

For unemployment benefits and the promotion of job sharing: 1.9 trillion yen

To boost struggling companies: 3 trillion yen

To promote green initiatives (eco-friendly cars and energy-efficient electronics): 1.6 trillion yen

For infrastructure (airport runways, train networks, and road extensions): 2.6 trillion yen

For health and welfare: 1.7 trillion yen