Japan Compiles 67.1 Trillion Yen Stimulus Package, Kyodo Reports
The Togoshiginza shopping district in Tokyo, Japan.
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Japan’s upcoming economic stimulus package will have an overall size of 67.1 trillion yen ($454 billion) with 25.1 trillion yen coming from state funds, Kyodo news reported Wednesday.
The total size of the package includes spending by local governments and the private sector, Kyodo said without saying where it got the information. The package is expected to include further measures to ease the pain of inflation for consumers and companies in a bid to shore up support for Prime Minister Fumio Kishida’s year-old administration.