Japan’s Kishida unveils the gist of a new economic package as support for his government dwindles
1 year, 6 months ago

Japan’s Kishida unveils the gist of a new economic package as support for his government dwindles

Associated Press  

TOKYO — Japanese Prime Minister Fumio Kishida on Monday unveiled the gist of his new economic package that focuses on wage increases and measures to soften the impact of rising prices. Kishida said at the Prime Minister’s Office that he will instruct his Cabinet on Tuesday to start putting together the package and promptly compile a supplementary budget to fund it. Kishida’s announcement Monday also comes as media surveys showed his recent Cabinet reshuffle has largely failed to buoy his dwindling support ratings. On Monday, Kishida said the new economic package would include measures to ease the impact of rising prices on the people, to achieve sustainable wage increases and income growth.

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Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks
1 year, 5 months ago

Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks

Associated Press  

TOKYO — Japan’s Prime Minister Fumio Kishida said Monday he is preparing to take bold economic measures, including an income tax cut for households hit by inflation and tax breaks for companies to promote investment, in what’s seen as a move to lift his dwindling public support. “I’m determined to take unprecedentedly bold measures,” Kishida said, pledging an intensive effort …

Japan PM-designate Fumio Kishida sets sights on wage hikes to fuel growth
3 years, 5 months ago

Japan PM-designate Fumio Kishida sets sights on wage hikes to fuel growth

Firstpost  

Topping Kishida’s to-do list is another big dose of government spending to help Japan recover from the COVID-19 shock Mito, Japan: Fumio Kishida, the man soon to become Japan’s prime minister, says he believes raising incomes is the only way to get the world’s third-largest economy growing again. “I would like to take economic measures to raise the incomes of …

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