A draft proposal indicates that Japan is preparing a stimulus package valued at $135 billion, marking the largest economic injection since the onset of the pandemic. The initiative aims to bolster domestic demand and support sectors still recovering from prolonged economic disruptions. This financial commitment reflects the government’s effort to stabilize growth amid global uncertainties and weakening consumer sentiment. The final details of the package are expected to be confirmed following cabinet discussions, with allocations likely directed toward household subsidies, green energy projects, and small business relief. While the exact implementation timeline remains under review, analysts anticipate that disbursements could begin in the coming fiscal quarter. The scale of this intervention underscores Japan’s continued reliance on fiscal measures to counteract sluggish inflation and labor market challenges.
— news from Reuters
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reuters.com
Japan’s stimulus to be worth $135 billion, largest since pandemic, draft shows Reuters