$200 Billion Spending Plan Gets Approval from Japan Cabinet to Fight Inflation Effects
Posted on 10/28/2022
Japanese Prime Minister Fumio Kishida’s government approved an economic package that will include government funding of about 29 trillion yen (US$ 200 billion) to soften the burden of costs from rising utility rates and food prices. The Bank of Japan remain still in its longstanding ultra-easy monetary policy of keeping its benchmark interest rate at…
