Japan stimulus plans include US$4.9b business support: draft

Japan’s new government will set up schemes worth nearly $5 billion to boost businesses, including helping them buy foreign companies, according to a draft economic stimulus package seen by Reuters on Monday that could be approved later this week.

Prime Minister Shinzo Abe has made reviving the economy his top priority after his Liberal Democratic Party (LDP) won elections last month, combining aggressive monetary easing with fiscal spending to encourage investment and spur growth.

via Business feed http://www.scmp.com/business/economy/article/1122067/japan-stimulus-plans-include-us49b-business-support-draft