Japan PM Kishida: A relief package to ease the pressures of rising raw material prices

Fumio Kishida, the Japanese Prime Minister, stated Tuesday.

The JPY13.2 trillion government emergency relief package will ease the financial pressure on households and businesses due to rising fuel and raw materials costs.

Additional quotes

"The government will draw on reserves in the current fiscal year to finance some measures that are required for fresh spending."

"Will present by June an action plan that will promote 'new style capitalism' and long-term fiscal policy guidelines.

"Will compile an additional budget and aim to pass through the current parliament session."

"It is important to promote the use nuclear power, renewable energy in order to stabilize the energy market."

"Will prepare a comprehensive package of policies after the election to the upper house, including energy policies, in order to encourage change in Japan's society."

Date Of Update: 30 July 2022, 06:27