Japan prime minister Takaichi confirms to implement support to curb mounting energy bills

To implement support to curb household utility, gas bills from July to September Will allocate ¥500 billion from reserves for related subsidies Will compile extra budget of more than ¥3 trillion To create new budget reserves to address impact of higher energy costs caused by Middle East conflict Will issue new deficit financing bonds to finance extra budget This will have no impact on the bond market as new debt will be offset by higher tax revenue and other matters Will make utmost efforts to avoid market disruptions . As mentioned then, it's not so much about the extra budget itself but the fact that it would require another fresh round of funding. While yes, it will help to alleviate the pain from the economic side of things. The question is, how much more damage will it bring on the fiscal side instead? This article was written by Justin Low at investinglive.com.

• As mentioned then, it's not so much about the extra budget itself but the fact that it would require another fresh round of funding.
• While yes, it will help to alleviate the pain from the economic side of things.
• The question is, how much more damage will it bring on the fiscal side instead?
• This article was written by Justin Low at investinglive.com.