Japan planning $87 billion extra budget to fund stimulus package, paper says

TOKYO (Reuters) - The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to fund a stimulus package to help low-income households and offset rising prices, the Sankei newspaper reported late on Wednesday.

Under the plan, the government would provide 30,000 yen ($193) to low-income households that are exempt from paying residential taxes, and 20,000 yen per child for households with families, the paper said.

It is also considering restarting subsidies for electricity and gas prices from January to respond to high fuel costs, media reports have said.



Prime Minister Shigeru Ishiba is looking to finalise the stimulus package on Nov. 22, the Sankei said.

($1 = 155.3700 yen)

Source: Investing.com

Последние публикации
Analysis-Trade demands clash with climate agenda at COP29 talks
21.11.2024 - 17:00
Crude and diesel prices gaining but rangebound: Citi
21.11.2024 - 16:00
Oil prices soars as Russia, Ukraine exchange missile strikes
21.11.2024 - 16:00
Oil up 2% after Russia-Ukraine missile exchange, outweighing US crude stock rises
21.11.2024 - 14:00
Nvidia sees past triple-digit growth
21.11.2024 - 13:00
Oil up on Russia-Ukraine missile exchange, outweighing US crude stock rises
21.11.2024 - 12:00
Oil prices climb as geopolitical tensions outweigh US inventories
21.11.2024 - 10:00
Container shippers hedging green transition with dual-fuel vessel orders
21.11.2024 - 07:00
Gold prices rise as Russia-Ukraine tensions fuel haven demand
21.11.2024 - 07:00
Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains
21.11.2024 - 06:00
Oil prices rise as Russia-Ukraine tensions offset US inventory build
21.11.2024 - 05:00
Oil prices firm as geopolitical tensions raise supply concerns
21.11.2024 - 03:00
Oil prices to test new lows in 2025 as big supply surplus looms: Macquarie
20.11.2024 - 23:00
Gold prices climb on safe-haven bid amid rising Russia-Ukraine tensions
20.11.2024 - 23:00
Oil settles down on strong US supply, losses capped by Ukraine escalation
20.11.2024 - 22:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?