Japan's Election Strategy: Cash Handouts Amid Inflation Woes
- Japan's ruling coalition agreed on Tuesday in Tokyo to include cash handouts in their campaign pledges for the House of Councillors election this summer.
- This decision follows earlier shelving of a similar cash aid plan and aims to address inflation's impact while the opposition calls for tax cuts and larger handouts.
- The exact amount of the cash handout has yet to be finalized, but it is anticipated to be in the range of tens of thousands of yen per person and will be financed using this year’s surplus from tax revenues.
- LDP officials emphasized the importance of quickly providing financial assistance to individuals affected by rising costs and highlighted the need to return surplus tax revenue back to the public.
- The move could help the ruling coalition regain voter support amid rising costs but may also heighten concerns about worsening Japan's already strained fiscal health.
13 Articles
13 Articles
Japan's Election Strategy: Cash Handouts Amid Inflation Woes
Japan's ruling coalition plans to include cash handouts in election pledges to help citizens with rising inflation, potentially straining government finances. The LDP and Komeito will finalize details, including recipient criteria. The opposition proposes tax adjustments as alternatives, intensifying electoral debates.
Japan ruling camp to include cash handouts in election campaign, sources say
Japan's ruling coalition agreed to include a plan to distribute cash handouts in its election campaign pledges to help households cope with persistent inflation, two sources familiar with the matter said on Tuesday. The handout plan could add to concerns over the government's already tattered finances, as lawmakers scramble to…
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