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Japan PM Abe: to front-load FY 2016 budget spending to spur growth

Japanese Prime Minister Shinzo Abe said Tuesday that he would instruct his government to front-load spending earmarked in the fiscal 2016 budget as much as possible to spur growth.

Abe was speaking at a news conference after parliament approved a record 96.72 trillion yen ($852 bn) state budget for the coming fiscal year from April 1.

"We need to quickly implement this budget. I'll instruct the finance minister to front-load spending where possible," he said.

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