Thursday's announcement of modest economic growth in the April-June quarter has paved the way for the state to prepare more spending measures to prop up the economy.
First, the government wants to decide how to allocate the 500 billion yen reserve budget set aside for this fiscal year by the end of September, Prime Minister Keizo Obuchi said.
Obuchi is expected to issue the necessary orders at a Cabinet meeting today, following a suggestion made Thursday by Finance Minister Kiichi Miyazawa.