Japan's newly appointed Prime Minister, Sanae Takaichi, is preparing a significant economic stimulus package, expected to surpass $92 billion, sources revealed on Wednesday. This initiative aims to aid households grappling with inflation and showcases Takaichi's dedication to a 'responsible proactive fiscal policy.'

The stimulus is structured around three core pillars: combating inflation, investing in growth industries, and ensuring national security. Initial reactions saw Japan's Nikkei index recover losses, and the yen's gains stabilize. A critical component of the anti-inflation measures includes abolishing the provisional gasoline tax rate.

Further investments are anticipated in sectors such as artificial intelligence and semiconductors. As the government drafts a supplementary budg

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