Japan's cabinet approves $140 billion stimulus package to spur growth
- Posted on November 22, 2024
- By Business News Today
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Japan's cabinet approves $140 billion stimulus package to spur growth
The stimulus lays out fiscal spending of 21.9 trillion yen ($140 billion) on measures to support sustained wage gains and cash handouts for low-income households, subsidies for gas and electricity bills, and investment into the semiconductor and AI sector, according to the Cabinet Office on Friday.