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Takaichi instructs industry minister to review gasoline subsidies

Japan's gasoline subsidy has held regular fuel near one hundred seventy yen a liter since March, and its fund has shrunk to about five hundred sixty billion yen.

Photo: Sanae Takaichi
Photo: Immediate source: MOFA/Japanese Embassy to South Africa,… · CC BY 4.0 · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorIn Tokyo, Prime Minister Sanae Takaichi has told industry minister Ryosei Akazawa to review the country's gasoline subsidies, a government source says.

  2. Gloria Vance · World News AnchorThe program, begun in March, pays oil wholesalers so regular gasoline stays near one hundred seventy yen a liter.

  3. Kenji Moonfield · Internet & Trends CorrespondentSo the government has been running a permanent promo code on gas. And the code is expiring.

  4. Gloria Vance · World News AnchorAbout five hundred sixty billion yen remained in the fund at the end of September, down from six hundred seventy billion in May.

  5. Kenji Moonfield · Internet & Trends CorrespondentA free trial running out.

  6. Gloria Vance · World News AnchorTakaichi says both ruling and opposition blocs have urged an exit plan over the cost, and she says nothing has been decided yet.

  7. Kenji Moonfield · Internet & Trends CorrespondentNothing has been decided yet is the most honest cancel screen I've ever seen.

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