Japan's 28.9 trillion yen supplementary budget to combat inflation

Japan’s legislature has approved a 28.9 trillion yen ($208 billion) supplementary budget to combat inflation. The Japanese legislature has approved a 28.9 trillion yen ($208 billion) supplementary budget to ease the impact of inflation. The government plans to subsidize households as part of the supplementary budget, which aims to combat a weak yen and rising prices. The House of Representatives (Shuugiin) has approved a 28.9 trillion yen ($208 billion) supplementary budget to combat inflation. With electricity and gas subsidies, a household is expected to save an average of 5,000 yen ($36) from January to September 2023. The budget also plans to extend the duration of a package of subsidies for oil suppliers into next year.