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Japan Government to Scale Back Gasoline Subsidies From December
Source: Bloomberg
Fiscal Policy & BudgetEnergy Markets & PricesInflation
Japan plans to gradually scale back gasoline subsidies from December into early spring, Prime Minister Sanae Takaichi said. The government will bring forward electricity and gas bill support to begin in December; the same type of support was provided from January through March this year. The article gives no subsidy amounts or expected market impact.
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