Arrr, mateys! Japan's Kishida be shoutin' about a grand $113-bln loot to fight the cursed inflation pain!
2023-11-01
Avast, mateys! Japanese Prime Minister Fumio Kishida be sayin' that the government be spendin' over 17 trillion yen (that be $113 billion in gold doubloons) to soften the blow of risin' inflation. Aye, tax cuts be in the mix too! To fill their coffers, they be preparin' a supplementary budget of 13.1 trillion yen. Word be goin' around, the package could be worth over 17 trillion yen. Arrr!
In a bold declaration, Japanese Prime Minister Fumio Kishida announced that the government will be shelling out a whopping 17 trillion yen (that's a whole lot of doubloons, mateys!) to soften the economic blow caused by rising inflation. This treasure trove of funds will be used for a package of measures that includes tax cuts (cue the cheers from hardworking swashbucklers!).But hold on to your peg legs, folks! The government ain't just pulling this money out of thin air. They plan to fill their treasure chests by compiling a supplementary budget of 13.1 trillion yen for the current fiscal year. That's right, they're looking to dig deeper into the coffers to make this plan work.
Now, me hearties, this ain't just a wild rumor we be hearing! Reuters, those scallywags of information, reported just yesterday that the government is seriously considering splurging on this 17 trillion yen package. So, it seems the Prime Minister is making good on his promise to steer the ship through these choppy economic waters.
Avast, ye scurvy dogs! This be no ordinary economic plan. It's a swashbuckling adventure to keep the good ship Japan afloat. And with these tax cuts and hefty spending, the government be hoping to put wind back in the sails of the economy. So, whether ye be a landlubber or a seasoned sailor, keep an eye on the horizon, for the Japanese government be making waves with their grand plans.