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Japan PM Shinzo Abe announces $17.8 bn economic stimulus package

Abe has drawn criticism that he is using the election to distract voters from two cronyism scandals

Reuters  |  Tokyo 

Japan approves $130 billion fiscal steps as BOJ denies curbing stimulus
Japan PM Shinzo Abe

Japanese Prime Minister will order cabinet ministers on Monday to compile a stimulus package worth around 2 trillion yen ($17.80 billion) to increase spending on and education, two government sources told Reuters.

is expected to announce a snap election on Monday to take advantage of improved ratings and disorganised opposition parties, and the stimulus package could be a way to lure voters during the election campaign.

However, has drawn criticism that he is using the election to distract voters from two cronyism scandals that rattled his government earlier this year.

First Published: Mon, September 25 2017. 15:32 IST
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