Reported about 18 hours ago
Japan's Prime Minister Shigeru Ishiba announced a stimulus package exceeding last year's budget, totaling approximately ¥39 trillion ($250 billion), aimed at supporting households and businesses coping with rising costs. This package includes measures for wage increases, cash handouts for low-income families, and investments in sectors like semiconductors and AI. Following a loss of majority in parliament, Ishiba secured backing from the minor opposition party, enabling the package's approval and hinting at a new phase of governance where opposition ideas may be welcomed.
Source: YAHOO