Japan to compile economic stimulus worth $120 billion in fiscal spending – Abe

Japanese Prime Minister Shinzo Abe said on Thursday the government would compile an economic stimulus package worth about 13 trillion yen ( £93.53 billion) in fiscal spending, including an extra budget from this fiscal year and spending earmarked for fiscal 2020.

• Actual spending at about JPY9.4 trillion.

The package would rise to 25 trillion yen ($230 billion) when private-sector and other spending are included, sources have told Reuters