Japan PM: ex-PM Abe's Abenomics not enough to create sustainable economy

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

TOKYO : Japanese Prime Minister Fumio Kishida said on Tuesday that steps taken under former premier Shinzo Abe's 'Abenomics' policy of massive monetary and fiscal stimulus were not enough to create a sustainable and inclusive economy.Under his 'new capitalism' policy, Kishida aims to help create a virtuou

TOKYO : Japanese Prime Minister Fumio Kishida said on Tuesday that steps taken under former premier Shinzo Abe's"Abenomics" policy of massive monetary and fiscal stimulus were not enough to create a sustainable and inclusive economy.

Under his"new capitalism" policy, Kishida aims to help create a virtuous cycle of economic growth and wealth distribution, he said during a speech at the World Economic Forum's virtual Davos Agenda conference.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden, Japan PM Kishida to hold bilateral talks on Friday: White House
Source: STForeignDesk - 🏆 4. / 71 Read more »

Japan faces stern diplomatic tests this year, says PM Kishida in policy speech
Source: STForeignDesk - 🏆 4. / 71 Read more »

Britain's PM Boris Johnson, reeling from 'partygate', takes aim at BBC licence fee
Source: STForeignDesk - 🏆 4. / 71 Read more »

UK PM Johnson in populist fight-back after 'partygate' scandalLONDON: Boris Johnson is hoping a slew of policy announcements, including scrapping controversial COVID0-19 passports and abolishing the BBC licence fee, can save his position as British prime minister, reports said on Monday. Johnson\u0027s future has been thrown into doubt by a furious political and
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Shortage of Covid-19 testing kits 'not unique' to Australia, PM says
Source: STForeignDesk - 🏆 4. / 71 Read more »

Djokovic has to comply with rules to go to Spain, PM saysMADRID: World men\u0027s tennis No 1 Novak Djokovic will have to comply with Spanish health rules to be able to travel to Spain, Prime Minister Pedro Sanchez said on Monday. Answering a question on whether Djokovic would be allowed to enter Spain to compete after Australia deported him for being unvaccinat That should be the way. Period. Early retirement for Novax
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »