Aiming to curb the impact of higher commodity prices, Prime Minister Fumio Kishida's administration will soon prepare a fresh economic package.
While Kishida will reportedly unveil new economic and coronavirus measures on Thursday, calls to increase government spending are growing among lawmakers, given that the Upper House election is just months away.
Last week, Kishida told his Cabinet ministers to use a ¥5.5 trillion ($44.36 billion) reserve fund from the fiscal 2022 budget to draft a relief package, but some in the ruling and opposition parties have said that an extra budget is needed to finance larger-scale measures.
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