Japan ruling block's partner Komeito to propose 'several trillion yen' stimulus - NHK

- Country:
- Japan
Japan's junior ruling party Komeito will request the government for a "several trillion yen" fiscal package to lessen the impact of inflation on households and businesses, NHK reported on Monday, citing party leader Natsuo Yamaguchi.
Yamaguchi also told reporters that the party will make the proposal, which includes cash payouts to low-income households with children and subsidy on liquefied petroleum gas, on Wednesday, NHK said.
Japanese Prime Minister Fumio Kishida has asked Komeito and its larger partner Liberal Democratic Party to draft additional fiscal measures to counter rising living costs this week.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Japan, South Korea eye visit by team of experts as Fukushima nuclear plant prepares water release
5.3 magnitude earthquake strikes Japan's Kurio region
PM Modi meets CEO of Japanese semiconductor firm, discusses tech
China and Russia are increasing their military collaboration, Japan's foreign minister warns
Biden to travel to Japan from May 18 for G7 summit, White House says