Kishida says ready to mull measures to curb gasoline pricesc

Prime Minister Fumio Kishida answers a question from a lawmaker during a session of the House of Representatives Budget Committee on Monday.
16:36 JST, February 21, 2022
TOKYO (Jiji Press) — Prime Minister Fumio Kishida said Monday that the government is ready to consider every possible measure, including activating the so-called trigger provision for emergency curbs on gasoline prices, to cushion the impact of high crude oil prices.
“We will not rule out any option and will consider further measures swiftly,” Kishida said at a meeting of the Budget Committee of the House of Representatives.
The comments came after his ruling Liberal Democratic Party Friday called for the government to raise the ceiling on its subsides provided to oil wholesalers to help lower gasoline prices to ¥25 or more per liter from the current ¥5.
On the country’s COVID-19 vaccine booster rollout, Kishida said that the government “has secured the enough amount of doses and will complete the delivery of inoculation vouchers to some 61 million people by the end of this month.”
Asked about the Ukraine crisis, the prime minister said, “Japan will play a part in diplomatic efforts to de-escalate tensions.”
"Politics" POPULAR ARTICLE
-
U.S. Talks About Car, Rice Exports During Meetings with Akazawa; Trump Mentions Japan’s Defense Burden, Ministers Don’t
-
With No Powerful Negotiator, Japan Fails in Bid to Win Exclusion from U.S. Tariffs; Japan Assesses Post-‘Liberation Day’ Position
-
Ishiba: Japan-U.S. Tariff Talks Should Produce Desirable Model for Other Countries
-
Trump Assigns Bessent, Greer to Lead Trade Negotiations with Japan; Japan Picks Economic Revitalization Minister Akazawa
-
China Intensifies Strategy to Block U.S. Intervention in Case of Conflict in Taiwan or South China Sea
JN ACCESS RANKING