Japan preparing $120 bln economic stimulus....>

JAPAN: Japan preparing $120 bln economic stimulus package - sources (RTRS)

- The Japanese government is looking to finalise an economic stimulus package

totalling $120 billion to support the economy and build infrastructure to cope

with big natural disasters, two government officials with direct knowledge of

the matter said. Including private-sector and other spending, the package would

come to around 25 trillion yen ($230 billion), they told Reuters, declining to

be identified because the package has not been finalised. Public broadcaster NHK

said the 13 trillion yen ($120 billion) figure includes the use of 3 trillion

yen from fiscal investment and loan programmes. A final decision on the package

could be made as early as Thursday, NHK said.