"We have agreed to spend 513,5 billion yen (3.2 billion) at the cabinet meeting today", Deputy Chief Office of Cabinet Masanao Ozaki said ahead of the press. This money is intended to support families that pay electricity, period gas, July-9.
The decision was made just one day after the Sanae Takichi Prime Minister announced the budget plan to supplement 19 billion dollars to address the cost of many types of product soaring. The $3 billion grant was taken from the backup fund in the current key budget.
Ozaki stated that electric and gas bills were difficult to rise in May and June. However, the price of imported fuels will then rise, able to pull electric prices and gas up high. "Even if the Middle East situation lacks certainty, we will still do our best to ensure no further interruptions on the people's daily lives and economic activities," he said.