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Japan to hike gasoline subsidy to ¥5 a litre for the week, up from ¥3.7 a litre

Started by forex4you, Feb 09, 2022, 02:33 pm

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forex4you

Feb 09, 2022, 02:33 pm
Japan to hike gasoline subsidy to ¥5 a litre for the week, up from ¥3.7 a litre

This will apply for the week starting Thursday but geez, is that ever a pathetic amount. The increase in subsidy to ¥5 a litre will hit a cap for the temporary scheme to curb any excessive rise in fuel prices. For some context, the government sets the subsidy amount every week if the retail price of

Source: Japan to hike gasoline subsidy to ¥5 a litre for the week, up from ¥3.7 a litre

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