Prime Minister Shinzo Abe approved Thursday a fresh economic stimulus package worth more than ¥20 trillion to help Japan out of chronic deflation.

During a meeting with his economic revival minister, Akira Amari, Abe was briefed on details of the emergency package, which will be formally approved by the Cabinet on Friday.

The prime minister instructed Amari to make the stimulus measures "easy for the public to understand" and ensure they will be effective enough to help the new administration achieve its goal of revitalizing the world's third-biggest economy, Amari told reporters after the meeting.