Stimulus Package

Fuatilia

Japan's government has revised upward its economic forecast for the fiscal year ending next March, projecting acceleration in growth the following year due to a massive stimulus package boosting consumption and capital expenditure. The latest projections, approved by the cabinet on Wednesday, expect 1.1% expansion in the current fiscal year. Growth is forecasted at 1.3% for fiscal 2026.

Ti AI ṣe iroyin

Japan's government is considering an economic stimulus package exceeding 17 trillion yen to tackle rising prices. Finance Minister Satsuki Katayama revealed the scale after a meeting with Prime Minister Sanae Takaichi, as reported by Nikkei. Cabinet approval is slated for Friday.

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