Reported 4 months ago
Japanese Prime Minister Fumio Kishida is set to unveil a new six-year economic and fiscal plan aimed at boosting growth through labor market reform, domestic investment, and higher productivity. The plan, spanning from April 2025, intends to ensure wage growth surpasses inflation and marks a departure from nearly two decades of deflation and economic stagnation following the end of the 'bubble era' boom. The plan is expected to include fiscal policies after Japan reaches a primary budget surplus goal by March 2026.
Source: YAHOO