An Overview of Fiscal and Public Debt Dynamics slide image

An Overview of Fiscal and Public Debt Dynamics

Mitigating measures for surging energy price ■Mitigating measures for fuel oil price changes (yen/liter) 216 212 208 Gasoline price after subsidy Gasoline price without subsidy 204 200 196 192 12.5 Application OIL Lowering prices Subsidy ☐ 188 184 180 Lowering prices 176 172 168 164 Government Wholesaler of fuel oil Retailers of fuel oil (gas station, etc.) Consumer 2022/1/17 2022/2/14 2022/3/14 = 2022/4/11 2022/5/163 2022/6/133 2022/7/11 2022/8/83 2022/9/53 2022/10/33 2022/10/315 2022/11/28: 2022/12/26 2023/1/30 2023/2/27 2023/3/27 2023/4/24 2023/4/24 2023/5/29 2023/6/26 2023/7/24 2023/8/21 (Source) Agency for Natural Resources and Energy, Ministry of Internal Affairs and Communications ■Mitigating measures for electricity and gas price changes Government Electricity bill Subsidy Lowering prices Retailers of electricity and city gas, etc. Users (households and companies, etc.) City gas bill Households and companies with low voltage agreement, etc. 7yen/1kWh 囲 Companies with high voltage agreement, etc. 3.5yen/1kWh Households and companies with less than 10 million m3 use, etc. 30yen/1m³ Effects of mitigating measures for electricity and gas are estimated to be lowering CPI by 1.0%pt. (July 2023, All items) 6
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