The City of Osaka is set to release premium gift vouchers, as a means to stimulate local economy. Details surrounding the timeline and distribution of the vouchers are still unfolding, but it's clear that this initiative is aimed at encouraging consumer spending amidst challenging economic times.
Initiatives like premium gift vouchers have seen significant success in Japan in spurring local spend and aiding economic recovery. They hold high cultural and societal value as measures to support local businesses. The public typically responds positively to such initiatives, appreciating the government’s effort to stimulate the economy and support local businesses.
Similar to Japan, numerous cities in the US or EU have implemented voucher systems or stimulus checks to encourage consumer spending to support local businesses, especially those negatively impacted by the pandemic.