Japanese PM announces US$113BLN package to support country’s economy ...Middle East

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Japanese PM announces US$113BLN package to support country’s economy
TOKYO: Japanese Prime Minister Fumio Kishida announced on Thursday a package of 17 trillion yen (US$113 billion) to support the country’s economy and households amid high inflation and growing costs of living, reported Sputnik.“Given the current situation, where wage increases are not keeping pace with the price growth, it is necessary to provide support to the population as a temporary measure, and we have developed effective measures for this. We intend to implement them for the population as quickly as possible,“ the Japanese prime minister told a cabinet meeting.About 13 trillion yen as part of the supplementary budget package will be used to support the population, with low-income famil

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