Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Japan to approve $87 billion stimulus in bid to tackle soaring living costs
Posted on November 21, 2024 |
Japan's ruling coalition and the Democratic Party for the People (DPP) agreed on an economic stimulus plan for $87 billion amount.
The plan aims to support households affected by rising living costs and is expected to get cabinet approval soon.
Low-income households will receive 30,000 yen ($193), and families with children will get 20,000 yen per child.
Parliament will discuss a supplementary budget next month to fund the stimulus package.
The package, worth 13.5 trillion yen ($87 billion), focuses on easing the financial burden on struggling families.
This agreement marks a key step toward helping households and strengthening the economy.