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Free AccessKishida Pledges To Prepare Stimulus Package By Mid-November
Prime Minister Fumio Kishida held a press conference after the election to Japan's House of Representatives:
- The Premier pledged to launch vaccinations with third "booster" jabs in December, expand access to free tests and implement an oral drug for Covid-19 by the year-end.
- The decision on whether to accept LDP Secretary General Amari's resignation will be made "as soon as possible."
- The Cabinet will compile a "large-scale" stimulus package in mid-November and include it in the extra budget to be passed this year.
- Ministers will consider re-starting the "Go To Travel" campaign and work on a concrete action plan to increase wages.
- Kishida noted that the LDP will keep its alliance with Komeito but may discuss cooperating with Nippon Ishin no Kai on a policy-by-policy basis.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.