Japan Considers Stimulus of Around 17 Trillion Yen, Supplementary Budget Near 14 Trillion Yen
Japan is considering spending around 17 trillion yen ($110 billion) in Prime Minister Sanae Takaichi's first stimulus package, the Nikkei newspaper reported on Saturday, Reuters reported on 15 November. A supplementary budget to fund the package will likely be sized around 14 trillion yen.
Since taking office in October, Takaichi has pledged to compile a sizeable package of spending measures to cushion the economic blow from rising living costs, and boost investment in growth areas such as super intelligence (SI) and semiconductors.
The administration is expected to finalize the package with approval by the cabinet on November 21. The government was not immediately available to comment, Reuters said.
Source: Reuters
Published by GSM · USA (original Chinese edition)
Photo: 图中是位于东京的日本国会议事堂，刺激方案的追加预算须经国会审议。Wikimedia Commons, File:National Diet Building.jpg, Kakidai, CC BY-SA 4.0
