Japan Unveils ¥21 Trillion Economic Stimulus Package, with Over Half Allocated to Inflation Relief

By: theblockbeats.news|2025/11/21 14:45:51

BlockBeats News, November 21st - Japanese Prime Minister Sanae Takaichi's Cabinet approved the largest supplementary budget since the outbreak of the pandemic, disbursing funds through a comprehensive plan to alleviate voter discontent. However, this move may cause concerns among investors closely monitoring Japan's fiscal situation, as it has led to the yen falling to a 10-month low and the ultra-long-term government bond yield surging to a historic high.

The Japanese Cabinet Office stated on Friday that this stimulus plan includes ¥17.7 trillion (approximately $112 billion) in general account spending. These expenditures are likely to be provided through a supplementary budget, representing a 27% increase from the scale introduced by its predecessor a year ago. The overall plan has a scale of ¥21.3 trillion, ranging from price relief to targeted sector investment support.

The massive scale of price relief funds highlights Sanae Takaichi's determination to address persistent inflation, a phenomenon that has exacerbated voter discontent and led to the ousting of her predecessor. Data released on Friday showed that Japan's key price index has remained above the central bank's 2% target level for 43 consecutive months, marking the longest streak since 1992.

The Japanese Cabinet plans to approve a supplementary budget bill on November 28th to provide funding for this plan and aims to secure parliamentary approval by the end of the year. (Jin10)

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.