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2024年07月03日

Government Plans Subsidies for Summer Utilities

From The Japan Times:

The central government said Friday that it will provide subsidies in August and September to slash electricity and city gas bills by ¥2,125 per month for the average household.

Good news but just a bandage on a gaping economic wound. The yen needs intervention for Japanese residents to remain competitive with the rest of the world.

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Nipponica is a news digest curated by Jason Ryan.

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