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Aide to Japan’s Premier Says Stimulus Must Be Considered Soon

  • Kihara says prime minister won’t limit share buy-backs
  • PM Kishida to consult foreign investors on finance rules
Prime Minister Fumio Kishida

Prime Minister Fumio Kishida

Photographer: Yoshikazu Tsuno/Gamma-Rapho/Bloomberg

Japan must swiftly consider economic stimulus measures amid rising prices, and will eventually need an extra budget, a close aide to Prime Minister Fumio Kishida said.

“If you look at the Japanese economy, the surge in oil prices and food prices means that an economic package is essential at some point,” Deputy Chief Cabinet Secretary Seiji Kihara said in an interview with Bloomberg at the premier’s official residence Friday. “We can’t be slow. To be honest we have to think about it quickly.”