Tokyo: Japan is preparing to unveil a landmark economic stimulus package estimated to exceed ¥17 trillion (around US$110 billion), according to Finance Minister Satsuki Katayama. The announcement follows discussions with Prime Minister Sanae Takaichi and signals a bold move by the newly formed government to strengthen both the domestic economy and Japan’s global competitiveness.

The proposed package aims to alleviate rising living costs for households, which have been increasingly burdened by global inflationary pressures on commodities, energy, and food. With consumer confidence under strain, the government plans to provide direct financial support to families while implementing measures to stabilize prices and stimulate domestic consumption.

In addition to immediate relief, the stimul

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