Japan to Reignite Energy Subsidies Amid Soaring Fuel Costs

Japan's government is contemplating the reintroduction of electricity and gas subsidies from January to March next year. This move aims to combat high fuel costs and will be part of the upcoming economic stimulus package, as reported by NHK without citing specific sources.

The Japanese government is on the verge of reviving subsidies for electricity and gas prices starting in January, extending them potentially until March as a strategic response to escalating fuel costs, according to NHK reports.

Discussions are reportedly underway between the government and ruling parties to incorporate this subsidy reinstatement into a comprehensive economic stimulus package.

The finalization of this package is expected soon, though NHK hasn't disclosed its source for these details.

(With inputs from agencies.)