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Japanese PM wants early passage of extra budget
Highlights
Japanese Prime Minister Shinzo Abe on Monday said he was aiming for early passage of a supplementary budget for this fiscal to take on new challenges in the new year.
Japanese Prime Minister Shinzo Abe on Monday said he was aiming for early passage of a supplementary budget for this fiscal to take on new challenges in the new year.
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Abe said his government had placed economy as its top priority for the past three years, and created a situation where Japan is no longer in deflation, public broadcaster NHK reported.
He said the global economy had become increasingly unpredictable and the world was struggling to find a way to sustain growth.
Abe said he wanted to make the upcoming G7 summit in Japan a momentum to tackle the future of the global economy.
On domestic matters, he stressed his government's commitment to addressing Japan's low birth-rate and aging population.
Abe said he will pursue three major policy targets. The first is increasing Japan's GDP to 600 trillion yen ($5 trillion). The second is raising the birth-rate per woman.
The third is to eliminate cases in which people have no choice but to leave their jobs to provide nursing care for ageing parents.
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