Japan eyes new package to fight inflation, weak yen, rev up economy

Politics Economy

A new economic package to be drawn up next month will focus on mitigating the blow from rising prices and a weaker yen, spurring wage growth and revitalizing the economy through investment, Japanese Prime Minister Fumio Kishida said Thursday. In addition to "bold measures" focusing on the three priority areas, the package would also include launching a new mechanism to help cope with higher electricity bills amid surging natural gas prices caused by Russia's war in Ukraine, Kishida told reporters, adding that the details have yet to be worked out. The envisaged package comes on top of relief m...

Kyodo News

Kyodo News