Japan OKs $224B economic stimulus package

Associated Press
Japan OKs $224B economic stimulus package

In this photo taken Monday, Jan. 7, 2013. Japanese Prime Minister Shinzo Abe, second from right, arrives for Japan's business organizations' joint New Year's party in Tokyo. Japan's ruling Liberal Democratic Party was in the final stages of drafting fresh stimulus spending Thursday, Jan. 10, reportedly totaling more than 20 trillion yen ($227 billion), rushing to fulfill campaign pledges to break the world's third-biggest economy out of its deflationary slump. Economy minister Akira Amari and Abe discussed details of the proposed stimulus package ahead of an announcement expected on Friday, officials said. (AP Photo/Shizuo Kambayashi)

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