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Japan PM orders cabinet to compile relief package to combat rising prices -Breaking

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© Reuters. FILEPHOTO: Fumio Kinio, Japan’s Prime Minister holds a news conference at Tokyo (Japan), March 16, 2022. Stanislav Kogiku/Pool via REUTERS

TOKYO (Reuters), – Japan’s Prime Minister Fumio Kishida directed his cabinet Tuesday to prepare a relief package that would cushion the economic impact of rising fuel and material prices.

Kishida said that government plans to put together the package by April. Funding will mainly come from special reserve funds set aside in fiscal 2022.

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