Japanese Prime Minister Taro Aso has called for a further economic stimulus package to be drawn up to battle the worst Japanese recession in decades.
Aso has put the wheels in motion for an extra package of fiscal measures to be drawn up, with the aim of bolstering the economy long term. The new measures are expected to total over JPY20 trillion (USD203bn).
Figures released earlier this month revealed that the country is facing its biggest economic crisis in over 30 years, with an annual contraction of over 12% based on figures from the last quarter of 2008.
Japan has already implemented two stimulus packages, in the latter half of 2008, worth a total of JPY50 trillion.
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