JAPAN: Suga puts his stamp on economic policy in new stimulus package

The Suga administration has unveiled a new stimulus package, the third stimulus package to counter the impact of Covid-19. While the new stimulus package is smaller than the first two, it includes a significant sum of money aimed at post-pandemic structural transformation. The new stimulus package reflects Prime Minister Yoshihide Suga’s priorities, with spending on digital transformation, the transition to a carbon-neutral society, and revitalization of stagnant regions. At a special meeting on Tuesday, 8 December, the Suga cabinet approved a new stimulus package, the thi