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AsiaJapan· Okazaki
First report 1h ago•Last update 1h ago

Japan'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 ago
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