<div class=newsTextDataWrapInner><p>TOKYO (Sept 1): Japan's cabinet on Tuesday decided to use ¥616.0 billion (US$3.9 billion or RM15.7 billion) in emergency reserve funds for the current fiscal year for measures to ease the financial burden on businesses and households, <em>Kyodo News</em> reported.</p></div>

<div class=newsTextDataWrapInner><p>Of the sum, ¥613.6 billion will be used to continue&nbsp;subsidies to keep retail gasoline prices at around ¥170 per litre, as tensions in West Asia drive up global fuel prices.</p></div>

<div class=newsTextDataWrapInner><p>The government initially allocated about ¥1.2 trillion for the subsidies. About 80% of that had been spent as of the end of July, leaving about ¥210 billion.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Separately, ¥2.4 billion will be disbursed to subsidise taxi firms that use liquefied petroleum gas as fuel.</p></div>

<div class=newsTextDataWrapInner><p>Last week, Prime Minister Sanae Takaichi ordered industry minister Ryosei Akazawa to allocate some of the ¥2.5 trillion in fiscal 2026 reserve funds for the government's response to the United States-Iran war that began in late February.</p></div>

<div class=newsTextDataWrapInner><p>Resource-scarce Japan relies heavily on energy imports from West Asia, with supply coming under pressure from the closure of the Strait of Hormuz in the wake of the war.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Syed Azahedi</em></p></div>


Japan's cabinet on Tuesday decided to use ¥616.0 billion (US$3.9 billion or RM15.7 billion) in emergency reserve funds for the current fiscal year for measures to ease the financial burden on businesses and households, Kyodo News reported.

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<blockquote class="tem-subhead">Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era</blockquote>

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<h3><span style="color:#e74c3c;">Malaysia’s daily multimodal&nbsp;AI use to reach 43% by 2030</span></h3>

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