Japan stimulus package could expand before Aug 2 cabinet approval – RTRS

Reuters quoting three sources familiar to the matter that the Japanese stimulus package will be around $ 200 bn or more and the government could expand the stimulus even before Aug 2 cabinet approval.

Key Headlines:

Japanese government is preparing a package of economic stimulus measures totalling $190 billion or more

Though actual government spending is likely to be less than half that amount

The package will have a headline figure of at least 20 trillion yen

The package could expand, the sources said, during negotiations between the parties in Abe's ruling coalition before his cabinet approves the measures on Aug. 2.