Japan PM unveils $113-B stimulus

By Agence France-Presse

Nov 03, 2023 12:16 am

TOKYO: Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than $100 billion on Thursday as he tries to ease the pressure from inflation and rescue his premiership with his poll ratings at a record low.

Voters in the world's third-largest economy have been reeling from rising prices since Russia launched its invasion of Ukraine last year, pushing up energy costs and putting pressure on the government.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Japan factory output declines 3.3% in August

China's top banks to boost housing market

Research shows exploitation of shrimp farmers

UK growth data disappoints in Q2

Macao poll candidate seeks diversification

US ports brace for potential workers strike

Nepal dam-building spree powers electric vehicle boom