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Home Japan

Japan approves ¥21.9 trillion stimulus plan

WNAM: by WNAM:
November 22, 2024
in Japan
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Japan approves ¥21.9 trillion stimulus plan
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WNAM REPORT: The Cabinet approved a ¥21.9 trillion ($142 billion) economic stimulus package on Friday to help households cope with inflation and boost economic growth.

Of the total, ¥13.9 trillion will be in the form of spending. Loans and government investment are also planned.

Last year, the total stimulus was ¥21.8 trillion, with ¥13.2 trillion of spending.

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