Prime Minister Shigeru Ishiba has promised to revitalise depressed rural regions and to address the “quiet emergency” of Japan’s shrinking population, the world’s second-oldest

Japan's unpopular minority government approved on Friday an extra budget to help pay for a massive stimulus package after the ruling coalition's worst election result in 15 years.The extra budget approved by the cabinet is worth 13.

Japan will lean heavily on extra tax revenue in a ¥13.9 trillion ($92 billion) additional budget to finance Prime Minister Shigeru Ishiba’s stimulus package, according to state broadcaster NHK.

Japan's government finalised a $92 billion supplementary budget on Friday to shield households from rising living costs, which may underpin consumption but also worsen its already strained public finances.

Japanese Prime Minister Shigeru Ishiba’s cabinet approved a stimulus package that’s slightly bigger than last year’s, as he followed up on a pledge to ramp up support for households and businesses struggling to cope with higher costs.