Japan’s newly appointed prime minister, Sanae Takaichi, is preparing to roll out a substantial economic stimulus package aimed at countering rising inflation and supporting household incomes. According to sources familiar with the plan, the initiative will focus on targeted financial support and measures to stabilize energy prices, which have been a growing concern for consumers and businesses alike.
Takaichi, known for her background in economic policy and public service, has already directed government officials to finalize details of the economic package. The move underscores her administration’s priority to strengthen domestic demand amid global economic uncertainty. While exact figures have not been disclosed, the scale of the intervention is expected to be significant, reflecting the urgency of addressing cost-of-living pressures.
Energy policy is also taking center stage in Takaichi’s agenda, with nuclear power playing a key role in her strategy to ensure energy security and reduce reliance on imported fossil fuels. Restarting idled nuclear reactors and extending the lifespan of existing plants are among the proposed steps to boost clean energy output and lower electricity costs.
The incoming leader, who has previously served in key cabinet roles including finance and internal affairs, brings a mix of technical expertise and political experience. Her appointment marks a historic moment as she becomes Japan’s first female prime minister, drawing attention both domestically and internationally.
Market analysts are watching closely to see how the stimulus measures will be funded and whether they will include structural reforms alongside short-term relief. The success of the package may hinge on its ability to balance immediate support with long-term fiscal sustainability.
— news from Reuters
— News Original —
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