Japanese Economy Minister Yasutoshi Nishimura was on the wires last minutes, via Reuters, confirming the rolling out of the new economic stimulus package, as cited by the Japanese PM Abe earlier today.
Key Quotes:
Size of economic steps to be decided after deliberations.
Package will be combination of funding from supplementary and annual budget.
Economic package will consist of disaster relief, steps to boost productivity and post-Olymipic investment.
No change to view economy recovering moderately but package will be pre-emptive against overseas risks.