Japan PM Ishiba Urges Swift Passage of Budget to Address Middle East Risks; Lower House Approves
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Japanese Prime Minister Shigeru Ishiba called on the Diet to quickly pass the supplementary budget for the current fiscal year to address risks from prolonged Middle East instability. The budget, exceeding 31 trillion yen (approx. NT$610 billion), includes subsidies for summer electricity and gas bills, continued gasoline price support, and a new reserve fund for Middle East situations. The House of Representatives approved it on June 4, sending it to the House of Councillors, where it is expected to pass on June 5.