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What will be the outcome of the coalition agreement on Japan's stimulus package by February 2025?
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Resolution / Starting Odds
Full agreement and implementation • 25%
Partial agreement with modifications • 25%
Stalemate with no agreement • 25%
Other outcomes • 25%
Official statements from Japan's ruling coalition or opposition parties
Story
Japan Set to Approve $87 Billion Economic Stimulus Package, Revising 103-Man Yen Wall with Cabinet Approval Soon
Nov 20, 2024, 09:01 AM
Japan's Prime Minister has reached an agreement with the opposition Democratic Party for the People regarding an economic stimulus package, which is expected to receive parliamentary approval soon. The coalition, comprising the ruling Liberal Democratic Party and Komeito, aims to align the economic package with fiscal responsibility. A significant aspect of the discussions includes a revision of the '103-man yen wall,' which pertains to income thresholds affecting tax benefits. The government is targeting the approval of an $87 billion economic stimulus package this week, with a focus on measures such as raising the income limit and reducing gasoline taxes. The economic measures are set to be finalized in the coming days, with a cabinet approval anticipated shortly.
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Inflation decreases significantly • 25%
Wage growth increases significantly • 25%
Consumer spending increases significantly • 25%
No significant change • 25%
Increase subsidies • 25%
Introduce tax cuts • 25%
Increase taxes • 25%
Reduce public spending • 25%
Liberal Democratic Party (LDP) • 25%
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Democratic Party for the People (DPP) • 25%
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Yes • 50%
No • 50%
LDP and Komeito regain majority • 25%
CDP forms new coalition • 25%
New coalition with minor parties • 25%
No stable coalition formed • 25%
Increased by more than 1% • 25%
Increased by 0.5% to 1% • 25%
Increased by less than 0.5% • 25%
No increase or decrease • 25%
Yes • 50%
No • 50%
Economic Growth • 25%
Inflation Measures • 25%
Safety Measures • 25%
Other • 25%