Japan unveils massive spending package ...News

Economy by : (Russia Today) -
The government wants to tackle inflation and a weak yen The Japanese government has announced an economic package worth around 39 trillion yen (nearly $270 billion) to support the economy amid rising inflation and a weakening national currency, broadcaster NHK reported on Friday. The package includes local and central government spending, and is “aimed at overcoming rising prices and reviving the economy… to protect people’s livelihoods and businesses,” Prime Minister Fumio Kishida told reporters in Tokyo. The government plans to lower utility bills to help households save an equivalent of $19 a month on electrici

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