Japan unveiled a $120 billion fiscal package on Thursday to support stalling growth in the world's third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics investment spurt.
Prime Minister Shinzo Abe announced the 13 trillion yen package on Thursday, the size of which had been reported previously. The government is expected to announce further details of the package later in the day after the cabinet has approved it.