Japan is developing a 5.6 trillion yen stimulus package, designed to counteract the effects of a recent tax-hike.

Anonymous sources close to the proceedings, speaking to Reuters, said that the Japanese government was seeking to create a package of over 5 trillion yen in order to balance out a tax hike, designed to reduce the impact of Japan’s high level of debt.

The exact amount of the Stimulus Package will be announced during the budget on December 12th.

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