Japan has announced a ¥21.3 trillion ($135 billion) stimulus package, marking its largest economic intervention since the pandemic. The package aims to tackle inflation and bolster economic growth, featuring ¥17.7 trillion in general spending and ¥2.7 trillion in tax cuts. Key allocations include ¥11.7 trillion for cost-of-living relief and ¥7.2 trillion for crisis-response and economic security measures. The government plans to approve the package on Friday, with a supplementary budget anticipated by late November.