The ruling coalition unveiled Friday a package of measures designed to bolster the nation's flagging economy. The package features steps to revitalize the financial and industrial sectors and the stock market.
In particular, it calls for a range of tax incentives designed to attract individual stock investors, the facilitation of banks' disposal of bad loans, the promotion of land deals, and the further easing of monetary policy by the Bank of Japan.
The Liberal Democratic Party, New Komeito and the New Conservative Party submitted the package to Prime Minister Yoshiro Mori later Friday, urging the government to quickly implement the proposed measures.