Japan raises gasoline subsidy to upper limit of ¥25 a litre for the week starting Thursday

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Japan raises gasoline subsidy to upper limit of ¥25 a litre for the week starting Thursday

For some context, the programme came into effect in late January and will see the government subsidise a set amount every week if the retail price of

For some context, the programme came into effect in late January and will see the government subsidise a set amount every week if the retail price of gasoline exceeds the threshold of ¥170. The upper limit for the subsidy was raised in February to ¥25 and that is where we are now, starting from tomorrow.

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