Japan unveils $19 billion extra budget to cushion Mideast impact

🇯🇵 The Japan Times (JP) —

AI Summary

Japan has unveiled a supplementary budget of $19 billion aimed at cushioning the economic impact of Middle East tensions, primarily targeting gasoline cost stabilization. The government has not yet detailed the specific allocations of this fund.

While the government has yet to specify the usage of that fund, it is expected to be used initially to cap costs for gasoline.

Politics Markets Commodities Energy Japan budget Middle East gasoline economic impact cost control

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