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LDP proposes gradual reduction of fuel subsidies

World 1 source 1 country 🔦 Under-reported 59m ago

The Liberal Democratic Party (LDP) in Japan has proposed a gradual reduction of government fuel subsidies. Prime Minister Sanae Takaichi has formally instructed Industry Minister Ryosei Akazawa to review the existing subsidy program.

The directive marks a potential shift in economic policy regarding energy support measures, moving toward a phased rollback of the financial interventions previously put in place to ease fuel cost burdens.

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Read the full story at the source Japan Times · JP ↗
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