Japan's economic stimulus package will include measures to lift the pressure off rising crude oil prices for the local firms, Reuters reports, citing a draft plan of the government's package.
Key takeaways
“The package will also include steps to ramp up domestic production of semiconductors as well as a 10 trillion yen ($87.53 billion) fund aimed at giving universities more resources to boost science and technological research.”
“Japan stimulus draft makes no mention of size of spending.”
Related reads
- Asian Stock Market: China, New Zealand roil mildly bid markets
- Japan’s Yamagiwa: New covid measures will aim to prevent the spread and keep economic activities going
