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Japan’s upcoming stimulus package will be bigger than last year’s, spokesperson says

by
October 16, 2024
in Stock
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Japan’s upcoming stimulus package will be bigger than last year’s, spokesperson says

TOKYO (Reuters) – Japan’s upcoming stimulus package will be bigger than last year’s measures that were financed with a 13 trillion yen ($87 billion) extra budget, a government spokesperson said on Wednesday.

The government will draft a package that will exceed the size of last year’s stimulus, Deputy Chief Cabinet Secretary Kazuhiko Aoki said, echoing Prime Minister Shigeru Ishiba’s remarks at a Tuesday stump speech for the lower house election campaign.

($1 = 149.0500 yen)

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