Economic and fiscal policy minister Akira Amari on Tuesday urged ministries and agencies to cooperate in finalizing by early December an economic stimulus package aimed at easing the negative impact of next year's sales tax hike.

"The new economic package would be aimed at preventing the consumption tax hike from hurting the economy and at bringing the economy back to a growth path as soon as possible," Amari said at a press conference.

The package — the key pillars of which are strengthening industrial competitiveness and making infrastructure more resilient to natural disasters — will be worth ¥6 trillion, including ¥1 trillion in tax cuts to invigorate business investment, Amari said.