Japan’s new Prime Minister Sanae Takaichi is working on a fresh economic stimulus package, which is expected to be larger than last year’s $92 billion plan, according to government sources. The new package aims to support households struggling with rising prices and inflation, and is likely to be announced in the coming weeks.

The package of more than 13.9 trillion yen marks Takaichi’s first major economic initiative since the advocate of big fiscal spending took office on Tuesday, reflecting her commitment to what she calls “responsible proactive fiscal policy”.

It will be built around three main pillars: measures to counter inflation, investment in growth industries, and national security, the sources said, declining to be identified because the matter is still private.

Japan’s Nikk

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