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Japan plans budget boost to counter rising yen.
Text of report in English by Japan's largest news agency Kyodo
Tokyo, 30 November, Kyodo: The second extra budget for fiscal 2009 will likely be bigger than the initially planned 2.7 trillion yen to meet the increasing need to cushion the adverse impact of the rising yen and falling Japanese stock prices on the flagging economy, Deputy Prime Minister Naoto Kan said Monday.
Amid Japan's deteriorating fiscal position, Kan had earlier repeatedly said the extra budget for the year through 31 March would be worth 2.7 trillion yen, counting only on the money the Cabinet has secured through its overhaul of the stimulus measures of the former government led by the Liberal …
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