Japan’s new PM Takaichi plans a 13.9 trillion yen stimulus to fight inflation and boost growth.

Japan’s new Prime Minister Sanae Takaichi is preparing a stimulus package exceeding 13.9 trillion yen, aiming to combat inflation and boost economic growth. The plan, still being finalized, includes measures like scrapping the provisional petrol tax, expanding grants to small businesses, and investing in strategic sectors such as AI and semiconductors. A supplementary budget is being drafted for an upcoming parliamentary session, with potential issuance of deficit-covering bonds if needed. The initiative marks Takaichi’s first major economic action and reflects her focus on household financial relief and active fiscal policy.