December 2, 2019 / 11:31 PM / 11 days ago

Japan preparing $120 bln economic stimulus package -sources

TOKYO, Dec 3 (Reuters) - The Japanese government is looking to finalise an economic stimulus package totalling $120 billion to support the economy and build infrastructure to cope with big natural disasters, two government officials with direct knowledge of the matter said.

Including private-sector and other spending, the package would come to around 25 trillion yen ($230 billion), they told Reuters, declining to be identified because the package has not been finalised.

Public broadcaster NHK said the 13 trillion yen ($120 billion) figure includes the use of 3 trillion yen from fiscal investment and loan programmes. A final decision on the package could be made as early as Thursday, NHK said.

$1 = 108.6400 yen Reporting by Yoshifumi Takemoto Editing by Chang-Ran Kim

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