Japanese PM Kishida announces inflation relief measures, including utility subsidies and cash handouts for low-income households.
Japanese PM Fumio Kishida announced new inflation relief measures, including utility subsidies and potential cash handouts for low-income households. The measures aim to lower monthly consumer prices by 0.5% and support vulnerable groups like pensioners and small businesses. Kishida's government also plans to boost wages, invest in digitalization, and attract 100 trillion yen in overseas investment by 2030.
June 21, 2024
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