Japan preparing $120 billion stimulus package as recession risks grow
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TOKYO (Reuters) - Japan is preparing an economic stimulus package worth $120 billion (93.5 billion pounds) to support fragile economic growth, two government officials with direct knowledge of the matter said on Tuesday, complicating government efforts to fix public finances.The spending would be earmarked in a supplementary budget for this fiscal year to next March and an annual budget for the coming fiscal year from April. Both budgets will be compiled later this month, the sources told..