US EditionJapan Approves 21.3 Trillion Yen Stimulus Package
The $135 billion package includes about $11.7 trillion yen for price relief, cash handouts per child, and tax cuts to ease inflation and stimulate growth, government says.
- On Nov 21, Japan's cabinet approved a 21.3 trillion yen stimulus worth $135.40 billion, including 17.7 trillion yen in general account outlays and 2.7 trillion yen in tax cuts.
- Based on three pillars, the measures aim to ease costs and strengthen security as officials say the package targets relief for households and businesses while boosting long-term growth.
- Households will receive targeted relief including 3,000 yen rice vouchers and 500 billion yen in energy subsidies, reducing bills by roughly 7,000 yen next year.
- Markets sold the yen and drove super-long Japanese government bond yields to record highs amid concerns additional government bond issuance will exceed last year's 6.69 trillion yen.
- The cabinet plans to approve a supplementary budget as early as Nov 28, aiming for parliamentary approval and strategic investments in shipbuilding, AI, and defense spending 2% of GDP by fiscal 2027.
108 Articles
108 Articles
Takaichi goes big on stimulus as Japan takes fiscal risk
The Takaichi cabinet approved a 21.3 trillion yen (US$136.25 billion) stimulus package on Friday (November 21) that includes a 17.7 trillion yen ($113.21 billion) supplemental budget. The latter will be submitted to the Diet for passage this session. The total amount, including loan guarantees and other non-budgetary measures, will be 42.8 trillion ($273.77 billion). This amounts to the […] The post Takaichi goes big on stimulus as Japan takes f…
Japan drops $135 billion stimulus as inflation spirals, experts warn of a true Minsky Moment - what is it?
Japan stimulus package 2025: Japan's Prime Minister Sanae Takaichi announces a ¥21.3 trillion ($135.4 billion) stimulus package, aimed at boosting the economy amidst rising inflation concerns and fiscal stability risks. Experts warn of a potential Minsky Moment as market reactions show alarm over government debt and currency weaknesses.
In Japan, the new Prime Minister Takaichi's cabinet has decided on the country's largest economic recovery plan for years.
The $135 billion package aims to reassure people frustrated by inflation, blandish parliamentarians who provide external support to the executive and increase investment in some crucial industrial sectors
Japan’s New Mega-Stimulus Tests The Limits Of Debt-Fueled Rescue
Japan’s new government has launched a ¥21.3 trillion (about $135 billion) stimulus package in a fresh attempt to revive an economy stuck between weak growth and stubborn inflation. The plan, pushed through by recently installed prime minister Sanae Takaichi, mixes tax cuts with targeted subsidies for families and energy bills, even as Japan already carries […]
Japan, the fourth largest economy in the world, is already in huge debt. With a new billion-dollar financial injection, Prime Minister Takaichi wants to boost the economy. But experts are skeptical.
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