Japan's new Prime Minister Sanae Takaichi has unveiled a comprehensive inflation relief package, featuring a $550 billion investment in artificial intelligence and semiconductors. This initiative aims to enhance productivity and foster long-term economic growth. Additionally, the package includes energy subsidies and local grants to alleviate living costs, strategically avoiding cash handouts. The funding will be sourced from a supplementary budget, balancing the country's debt and growth objectives.
Japan's PM Unveils $550B AI and Semiconductor Investment Plan
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