Japan to increase home journey subsidy program into 2023

TOKYO — The Japanese authorities will lengthen its nationwide journey assist program into subsequent 12 months, Tetsuo Saito, minister of land, infrastructure, transport and tourism, mentioned on Friday, to stimulate tourism demand and assist prop up the still-fragile financial system, which is recovering from the COVID-19-induced slowdown.

The subsidy program, launched in October for residents of Japan, had beforehand been set to finish in late December, however the authorities determined to increase it after the journey trade and prefectural governors requested the extension.