Japan· OkazakiJapan's PM Takaichi to review gasoline subsidies, potential cuts from December
Prime Minister Sanae Takaichi plans to instruct the industry minister to begin a review of gasoline subsidies, with potential cuts considered from December.
Background
Japan has maintained gasoline subsidies to mitigate rising energy costs for consumers and businesses. This policy is part of broader government efforts to manage economic stability amidst global energy price fluctuations and domestic economic challenges, including persistent deflationary pressures.
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Japan's Prime Minister Takaichi to review gasoline subsidies
First report 13h agoLast update 7h agoAnnouncing the government's intention to review and potentially cut gasoline subsidies.
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