Pakistan, Nov. 21 -- Japan approved a 21.3 trillion yen ($135.4 billion) stimulus package on Friday to revive its slowing economy through expansionary spending and measures aimed at easing the burden of rising living costs. Prime Minister Sanae Takaichi said the plan focuses on "wise spending" to restore confidence and support national growth.

After taking office last month, Takaichi pledged aggressive fiscal action despite concerns that large-scale spending will slow efforts to reduce Japan's national debt, which remains nearly three times the size of its economy. However, she stressed that expansion was necessary to strengthen national capacity and avoid the risks of overly strict policies.

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