Japan: Emergency Economic Package to Alleviate Food Price Hikes
Link to report:
On April 26, the Japanese Cabinet approved a 6.2 trillion yen ($48 billion) emergency economic package to mitigate the effect of surging energy and food prices on households and small businesses. The Ministry of Agriculture, Forestry and Fisheries will receive 75.1 billion yen ($582 million) to facilitate increased use of domestic grains, wood, and seafood products in favor of imports, diversification of fertilizer input suppliers, and increased feed price support for livestock feeders.
