Japan gov't OKs 21 tril. yen economic package under fiscal dove PM Takaichi

The Japanese government on Friday approved a massive economic package worth around 21.3 trillion yen ($135 billion) to tackle rising living costs, as Prime Minister Sanae Takaichi seeks to spur growth through expansionary fiscal spending.The first stimulus package under Takaichi, who became prime minister just a month ago, is expected to reach 42.8 trillion yen when combined with spending by local governments and the private sector, well above the 39 trillion yen in measures the previous year.A series of measures in the package are intended to support the world's fourth-largest economy amid…READ FULL ARTICLE