• Kyodo News


Business leaders expressed hope Tuesday that the measures in the fresh ¥7.2 trillion stimulus package will prop up the weak economy, but skepticism remains over its effectiveness in combating such problems as deflation and the stronger yen.

“We hope they will be effective in supporting the regional economies and (broader) economic conditions,” Tadashi Okamura, chairman of the Japan Chamber of Commerce and Industry, said in a statement, citing measures to improve employment conditions and corporate financing of small and midsize firms.

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