Reported 1 day ago
Japanese Prime Minister Shigeru Ishiba is poised to announce a $140 billion economic stimulus package aimed at tackling inflation and wage issues, as part of his commitment to ease cost-of-living pressures. The package, totaling approximately ¥21.9 trillion, will include spending for low-income households, support for wage increases, and investments in technology sectors like semiconductors and AI. The plan is set to be approved by the cabinet after Ishiba's return from South America, amid challenges of governing with a minority coalition.
Source: YAHOO