{"id":94124,"date":"2025-10-22T11:10:10","date_gmt":"2025-10-22T11:10:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/94124\/"},"modified":"2025-10-22T11:10:10","modified_gmt":"2025-10-22T11:10:10","slug":"japans-new-pm-is-preparing-large-economic-stimulus-to-tackle-inflation-sources-say-tradingview-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/94124\/","title":{"rendered":"Japan&#8217;s new PM is preparing large economic stimulus to tackle inflation, sources say \u2014 TradingView News"},"content":{"rendered":"<p class=\"\">By Takaya Yamaguchi<\/p>\n<p class=\"\">Japan&#8217;s new Prime Minister Sanae Takaichi is preparing an economic stimulus package that is likely to exceed last year&#8217;s $92 billion to help households tackle inflation, government sources familiar with the plan said on Wednesday.<\/p>\n<p class=\"\">The package of more than 13.9 trillion yen ($92.19 billion)  marks Takaichi&#8217;s first major economic initiative since the advocate of big fiscal spending took office on Tuesday, reflecting her commitment to what she calls &#8220;responsible proactive fiscal policy.&#8221;<\/p>\n<p class=\"\">It will be built around three main pillars: measures to counter inflation, investment in growth industries, and national security, the sources said, declining to be identified because the matter is still private.<\/p>\n<p class=\"\">Japan&#8217;s Nikkei share gauge <a href=\"https:\/\/www.tradingview.com\/symbols\/TVC-NI225\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/indices\/nikkei-225.svg\" alt=\"\"\/>NI225<\/a> erased losses and turned higher on Wednesday afternoon following the Reuters report, while the yen <a href=\"https:\/\/www.tradingview.com\/symbols\/FX_IDC-USDJPY\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-ocURKVwI xxxsmall-ocURKVwI skeleton-ocURKVwI wrapper-TJ9ObuLF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/country\/JP.svg\" alt=\"\"\/><img decoding=\"async\" class=\"logo-ocURKVwI xxxsmall-ocURKVwI skeleton-ocURKVwI wrapper-TJ9ObuLF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/country\/US.svg\" alt=\"\"\/>USDJPY<\/a> pared morning gains and was little changed.<\/p>\n<p class=\"\">As part of its core inflation relief measures, the Takaichi administration plans to swiftly abolish the provisional gasoline tax rate.<\/p>\n<p class=\"\">It also aims to expand local government grants, with a focus on supporting small and medium-sized companies that are unable to benefit from existing tax incentives for wage hikes.<\/p>\n<p class=\"\">The package will also include investments in growth sectors such as artificial intelligence and semiconductors as the government focuses on strategic economic development.<\/p>\n<p class=\"\">The exact scale of the package is still being finalised, the sources said. It could be announced as early as next month.<\/p>\n<p class=\"\">To fund the measures, the government is moving ahead with drafting a supplementary budget for the current financial year through March, with an eye toward passing it during the upcoming extraordinary parliament session.<\/p>\n<p class=\"\">If additional spending exceeds initial expectations, the government may need to issue deficit-covering bonds, raising questions about how to balance economic growth with fiscal discipline.<\/p>\n<p class=\"\">($1 = 150.7800 yen)<\/p>\n","protected":false},"excerpt":{"rendered":"By Takaya Yamaguchi Japan&#8217;s new Prime Minister Sanae Takaichi is preparing an economic stimulus package that is likely&hellip;\n","protected":false},"author":2,"featured_media":84644,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-94124","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/94124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=94124"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/94124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/84644"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=94124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=94124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=94124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}