TOKYO: Japan's new Prime Minister Sanae Takaichi (pic) is preparing an economic stimulus package that is likely to exceed last year's US$92 billion to help households tackle inflation, government sources familiar with the plan said on Wednesday (Oct 22).
The package of more than 13.9 trillion yen ($92.19 billion) is Takaichi's first major economic initiative since the advocate of big fiscal spending took office on Tuesday, reflecting a commitment to what she calls "responsible proactive fiscal policy".
