CRI听力：Japanese PM: Decisive Action Needed to Tackle Financial Crisis

Japanese Prime Minister Taro Aso said that "decisive action" was needed to tackle the global financial crisis.

"I think the global economy has just embarked on building a new order after such financial chaos. And I understand Japan has a responsibility to contribute to resolving the crisis. Decisive action is called for to tackle such crisis, once in a century."

Japanese exports plunged a record 26.7 percent in November, highlighting a drop in global consumer demand for cars, electronics parts and other Japanese products.(www.hXen.com)

Economists warned that exports in Japan, a mainstay of the world's second-largest economy, would tumble further with no recovery in sight for the global economy.

Japan unveiled a budget proposal during the weekend, suggesting a spending increase of 6.6 percent to 88.5 trillion yen, or 990 billion US dollars for the next fiscal year, the biggest ever figure in an initial proposal.

The draft budget is scheduled for Cabinet approval on Wednesday and will likely be submitted to parliament in January.