Japan's Prime Minister, Shigeru Ishiba, has announced that the upcoming stimulus package is expected to have a total impact of ¥39 trillion, which is equivalent to around $250 billion. This amount includes projected spending from the private sector, demonstrating the government's dedication to revitalizing the economy.
Ishiba has stressed the importance of increasing wages for all generations, emphasizing that this initiative is crucial for both the present and the future. The focus on wage growth is considered a vital part of the broader economic strategy aimed at promoting sustainable growth and enhancing living standards in Japan.