Japan new economic package to total about $112 billion – Asahi

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A woman points at the high prices of fruits at a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/ File photo

Tokyo (Reuters) – A package of economic measures Japanese Prime Minister Fumio Kishida’s government is compiling will likely come to about 17 trillion yen ($112.15 billion) in size, the Asahi Shimbun reported on Wednesday.

Kishida said last week his government hoped to compile the package to cushion the economic blow from rising inflation on Nov. 2.

($1 = 151.5800 yen)