FACTBOX: Fiscal stimulus plans to tackle the crisis

(Reuters) - Countries around the world are setting out fiscal stimulus packages to help their economies withstand the impact of the global financial crisis.

Below are some details:

* AUSTRALIA:

-- The government has announced a A$10.4 billion ($6.8 billion) package of cash handouts and family benefits and has pledged more if it is needed.

-- It is providing A$1.5 billion to boost the housing and home building markets and doubling the grant for first-time home buyers. They will now get A$14,000 from an original A$7,000.

* CHINA:

-- Provincial government plans will add an additional 10 trillion yuan ($1.464 trillion) to a 4 trillion yuan stimulus package announced by the central government earlier this month, state television said. The central scheme included rail and infrastructure schemes as well as extra social spending to offset the sharp drop in demand for the exports which fuel China's economy.

-- China is also changing value added tax (VAT) to allow companies to deduct the cost of capital equipment, saving them about 120 billion yuan a year.

* EUROPEAN UNION

- An economic stimulus plan to be presented on November 26 will include a significant budgetary expansion, the head of the EU executive said on Friday, as it signaled longer deadlines for countries to slash budget gaps.

-- German Economy Minister Michael Glos has said the plan envisaged, among other things, a 1 percentage point cut in value-added tax across the EU and that the total value of the stimulus was 130 billion euros ($163 billion).

* GERMANY:

-- The government has announced a package which will generate about 50 billion euros ($64.22 billion) in investment and contracts.

- A new lending program of up to 15 billion euros will be introduced for German state-owned development bank Kreditanstalt fuer Wiederaufbau (KfW) to strengthen its lending activities. KfW's infrastructure program for structurally weak local authorities will be raised by 3 billion euros.

-- Urgent investment in transport will be accelerated via a new program totaling 1 billion euros in both 2009 and 2010.

-- Parliament has approved a rise in government net new borrowing in 2009 to 18.5 billion euros from 10.5 billion.