Global Trade Alert
Global Trade Alert

Japan: Economic plan announced in the context of soaring oil and commodities prices, and the Russian invasion of Ukraine (April 2022)

Announcement

26 Apr 2022

In April 2022, the Japanese Cabinet Office Home announced the "Comprehensive Emergency Measures for Soaring Crude Oil and Commodity Prices during the COVID-19 crisis" package (コロナ禍における「原油価格・物価高騰等総合緊急対策」 in Japanese). The package sets out a series of economic measures in the context of soaring prices, the Russian invasion of Ukraine and the ongoing COVID-19 pandemic.

 

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1 likely harmful

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State aid, unspecified

On 26 April 2022, the Japanese Cabinet Office Home published its JPY 6.3 trillion (USD 49 billion) "Comprehensive Emergency Measures for Soaring Crude Oil and Commodity Prices during the COVID-19 cris...

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