Economic stimulus

Japan approves 21.3 trillion yen stimulus to mitigate inflation pain

The biggest portion will go to price relief, totalling 11.7 trillion yen

Sanae Takaichi pledged to create a large spending package to mitigate households’ pain from rising living costs and boost investment since taking office last month.

Japan’s stimulus to be worth 21.3 trillion yen, largest since pandemic

The package will include general account outlays of 17.7 trillion yen, far exceeding the previous year’s 13.9 trillion yen

Japan's Prime Minister Sanae Takaichi also said she would not rule out a cut to Japan’s sales tax as a future option.

Japan PM flags watered-down fiscal goal in push to lift growth

[TOKYO] Japanese Prime Minister Sanae Takaichi said on Monday (Nov 10) that she would work on setting a new fiscal target extending through several years to allow more flexible spending, essentially w...

The package will focus on measures to cushion the blow to households from rising living costs, investment in crisis management and growth areas, as well as steps to boost Japan’s defence capabilities, the draft of the outline showed.

Japan’s stimulus plan to urge BOJ focus on boosting growth, draft outline shows

[TOKYO] Japan’s government will urge the central bank to focus on achieving strong economic growth accompanied by stable prices in an outline of its stimulus package, a draft of the outline seen by Re...

The package of more than 13.9 trillion yen (S$120 billion) marks Sanae Takaichi’s first major economic initiative since the advocate of big fiscal spending took office on Tuesday.

Japan’s new PM preparing large economic stimulus to tackle inflation: sources

[TOKYO] Japan’s new Prime Minister Sanae Takaichi is preparing an economic stimulus package that is likely to exceed last year’s US$92 billion to help households tackle inflation, government sources f...

Growing debt is emerging as a major constraint on Beijing as it confronts the risks of another economic slowdown.

China ‘mini’ stimulus likely as debt weighs on Beijing’s options

As economists look ahead, most now expect the People’s Bank of China to deliver a restrained policy rate cut of 10 basis points in the final quarter

Indonesia's economy grew 5.12% on the year in Q2, but policymakers say there are signs that it is slowing.

Indonesia rolls out 16.23 trillion rupiah stimulus to boost growth and support workers

Package follows recent nationwide protests urging President Prabowo to tackle rising economic pressures

Economists have long urged Beijing to switch to a consumption-led economic model and rely less on debt-fuelled investment and exports for growth.

China pledges more financial support for consumption with interest rate subsidy

[BEIJING] China’s plan to subsidise some interest on loans aims to ensure households and businesses have more financial resources to reduce credit costs as Beijing looks to boost consumption, China’s ...

Japan's Prime Minister Shigeru Ishiba has not commented on the possible size of an extra budget, but some analysts expect it could reach around 10 trillion yen (S$87.1 billion), which would require additional debt issuance.

Japan ready to compile extra budget to cushion US tariff blow: PM Ishiba

[TOKYO] Japanese Prime Minister Shigeru Ishiba said on Monday the government is ready to compile an extra budget to cushion the economic blow from US tariffs, a move that would add strain to the count...

Economists broadly expect Beijing to ease policies further in the coming months to shield the economy from a potential slump in exports due to Trump’s tariffs.

PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs

Domestically, the property market is still struggling and deflationary pressures are building as businesses cut prices to keep customers