The Japanese cabinet has approved a plan to pump more than 60 billion dollar into the country's economy. The aim of the plan is to boost growth, jobs and spending. However, the plan still needs approval from parliament.The Japanese economy is suffering from deflation and a strong currency. Prices keep falling, but consumers hold off spending in hope of lower prices. Analysts said the key problem is that the yen is at 15-year high, making exports more expensive.