Politics | Sep 30

Japan plans more stimulus to tackle inflation, low yen

TOKYO, Sep 30 (RFI) - Japan is preparing another round of economic stimulus measures, the government said Friday, as rising prices and the plummeting yen squeeze the world's third-largest economy.

Prime Minister Fumio Kishida told ministers to draft the relief package by the end of October so it can be passed by parliament this year, government spokesman Hirokazu Matsuno told reporters.

He did not give a figure for the measures, but said they would include "efforts to deal with rising prices and to encourage wage increases". ...continue reading

Source: ANNnewsCH

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