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What will be the primary focus area of Japan's ¥21.9 trillion stimulus package by the end of 2024?
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Resolution / Starting Odds
Economic Growth • 25%
Inflation Measures • 25%
Safety Measures • 25%
Other • 25%
Breakdown of the stimulus package spending reported by the Japanese government or major financial news outlets
Story
Japan's PM Ishiba to Unveil ¥21.9 Trillion Stimulus Package with Total Impact of ¥39 Trillion
Nov 21, 2024, 04:25 AM
Japan is set to announce an economic stimulus package worth approximately ¥21.9 trillion ($140 billion), with some sources such as Reuters citing amounts around $90 billion. Prime Minister Ishiba plans to unveil the package to address challenges ranging from inflation to wage growth, and approval is expected this week. The government is adjusting the supplementary budget for fiscal 2024 to around ¥13.9 trillion to fund the measures. The overall impact of the package is expected to be about ¥39 trillion, with allocations including ¥10.4 trillion for economic growth, ¥4.6 trillion for inflation measures, and ¥6.9 trillion for safety measures. The package includes a ¥30,000 payment to low-income households and will reinstate electricity and gas subsidies from January to March next year.
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Inflation control • 25%
Disaster recovery • 25%
Energy subsidies • 25%
Other • 25%
Inflation decreases significantly • 25%
Wage growth increases significantly • 25%
Consumer spending increases significantly • 25%
No significant change • 25%
Infrastructure • 25%
Healthcare • 25%
Education • 25%
Environmental Initiatives • 25%
Quantum computing • 25%
AI chip development • 25%
Robotics • 25%
Other • 25%
Infrastructure • 25%
Housing sector • 25%
Local government debt • 25%
Consumer incentives • 25%
Increase subsidies • 25%
Introduce tax cuts • 25%
Increase taxes • 25%
Reduce public spending • 25%
Stimulating economic growth • 25%
Reducing national debt • 25%
Addressing inflation • 25%
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Yes • 50%
No • 50%
Infrastructure Development • 25%
Research and Development • 25%
Workforce Training • 25%
Supply Chain Enhancements • 25%
Full agreement and implementation • 25%
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Stalemate with no agreement • 25%
Other outcomes • 25%
Economic reforms • 25%
Military and defense • 25%
Healthcare • 25%
Education • 25%
GDP growth above 2% • 25%
GDP growth between 1% and 2% • 25%
GDP growth below 1% • 25%
GDP contraction • 25%