Fumio Kishida

Japan Announces $485 Billion Spending Package to Counter Soaring Inflation

Japan Announces $485 Billion Spending Package to Counter Soaring Inflation

Japan’s prime minister has announced a massive spending package that seeks to counter the nation's rising inflation. On Friday, Prime Minister Fumio Kishida said that his government will spend about 71.6 trillion yen ($485 billion) on economic stimulus. The spending is aimed at helping households and businesses cope with inflationary…
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