Japan, being tagged as the number two in global economy is now being wrapped with fears over the financial crisis. To ensure economic stability, Japan has recently announced $275 billion package to support and maintain it economic status.
The economic package comes on the heels of an ¥11.7 trillion supplementary budget approved by Parliament. That plan included help for fishermen and farmers to deal with high fuel prices, and assistance for part-time workers to find better jobs.
As the global financial crisis began to unfold earlier this year, Japan's economy looked to be in good shape compared to other advanced nations, avoiding major bank failures and bailouts.
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