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

18/1/2022 3:25:00 PM

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

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

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.

(Reporting by Kiyoshi Takenaka; Editing by Catherine Evans)

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LinkedIn 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.Copy to clipboard https://str.Copy to clipboard https://str.Copy to clipboard https://str.

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. (Reporting by Kiyoshi Takenaka; Editing by Catherine Evans) Source: Reuters . "The meeting will highlight the strength of the US-Japan alliance, which is the cornerstone of peace, security, and stability in the Indo-Pacific and around the world," the White House said in a statement.