Japan’s Kishida to Forge Ahead With Economy Plans After Win
- Clean energy investment to be pillar of economic policy
- Panel on raising caregivers’ salaries may be formed next week
Fumio Kishida on Oct. 31.
Photographer: Noriko Hayashi/BloombergThis article is for subscribers only.
Japanese Premier Fumio Kishida vowed to act fast on his economic program after a surprisingly robust election win, saying he would seek to pass an extra budget as soon as possible and make clean energy investment a priority.
The premier said Monday tax breaks for companies that raise salaries would be stepped up and a panel to look into raising pay for nurses and others in the care-giving sector may be established as soon as next week. The latest plans for dealing with the pandemic will be unveiled by the middle of the month, he told reporters in Tokyo at his first full news conference since the Sunday election.