Stimulus package shows “government by negotiation” at work

Posted on by Tobias S. Harris
key takeaways
  • The Ishiba government approved a new stimulus package with nearly JPY 22tn (USD 141.5bn) in new spending.
  • The new fiscal stimulus was made possible with the assent of the Democratic Party for the People (DPFP), which signed on after the ruling parties promised to include the DPFP’s tax proposals in next year’s budget.
  • Passing supplemental budget included as part of the stimulus package is the first major test for the minority government.
11.22.24 Stimulus package shows %22government by negotiation%22 at workDownload

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