Japan's New Economic Stimulus Plan

It is reported that Japan’s Finance Minister Kaoru Yosano said on the 6th, the Japanese prepared to launch a total of 10 trillion yen (about 99.3 billion U.S. dollars) of new economic stimulus plan. Yosano day with Prime Minister Taro Aso said after the talks, the new economic stimulus plan involves more than 2% of Japan’s GDP. This will be the financial crisis in Japan since the introduction of the third economic stimulus plan. The plan will be announced in February the Japanese government 12 trillion yen stimulus package to expand spending. A Finance Ministry spokesman said that the new scheme to help small businesses cover the area and boost economic and other projects. The spokesman said that Finance Ministry officials are stepping up to finalize the details of the new scheme, and strive to plan as soon as they are submitted to the Parliament. Japan launched last year, the total amount of ¥ 11500000000000 (about 113.8 billion U.S. dollars) economic stimulus plan, some analysts believe that enough amount of money involved, it is difficult to help the plight of the Japanese economy. In February this year, Japan’s unemployment rate reached 4.4 percent, the international standard of full employment unemployment rate was 3.6%.