Japan plans $19 bn extra budget as costs rise with Iran war
TDT | Manama
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Japanese Prime Minister Sanae Takaichi said yesterday the government will compile a $19 billion supplementary budget to support households grappling with soaring everyday costs driven by the Iran war.
Takaichi said the budget, which is about 3 trillion yen, will be used to ease the rising cost of petrol, electricity and gas, explaining that “the situation in the Middle East remains uncertain”.
“With a view to minimising risk, we have drawn up a supplementary budget to ensure we’re fully prepared financially,” she told reporters, adding the draft would be submitted to parliament possibly next week.
Early this month, leading potato chip maker Calbee unveiled a new grey packaging for 14 product lines, swapping its signature orange-and-yellow packets, with local media attributing the move to an ink shortage linked to the Iran war.
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