Japan's government considering extending fuel subsidies -Kyodo

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Japan's government is considering extending subsidies to curb gasoline prices beyond January next year, Kyodo news agency reported on Wednesday, a move that will likely moderate the pace of inflation in the world's third-largest economy.The subsidies will last at least until March next year and could be s

FILE PHOTO: Gasoline fuel guns are pictured in front of fuel boards at a gasoline station in Tokyo, Japan September 20, 2022. REUTERS/Kim Kyung-HoonJapan's government is considering extending subsidies to curb gasoline prices beyond January next year, Kyodo news agency reported on Wednesday, a move that will likely moderate the pace of inflation in the world's third-largest economy.

The extension will be part of a package of measures the government will compile by the end of this month to cushion the blow to households and small firms from rising living costs. The government is also considering extending the year-end deadline for subsidies to curb utility bills, it said.

 

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