Japan PM Takaichi to examine new govt fiscal target for future that looks at fiscal state

Japan PM Takaichi:

• Won’t ditch govt primary balance target for fiscal 2025, but will examine new govt fiscal target for future that looks at fiscal state in scope of several years
• Govt must restore market trust in Japan’s finances but boosting investment is also needed to strengthen economic growth

Earlier:

• Japan’s Takaichi abandons annual budget target, takes softer fiscal consolidation stance

Despite what we hear from the pollies in Japan on a day to day basis this new government is proposing a lot of stimulus for the Japanese economy. Keep that in mind.