Premier Kishida Wants Japan to Take Advantage of Weak Yen
- Kishida promises ‘unprecedented’ measures on electricity bills
- Premier says will encourage building of chip, battery plants
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Japanese Prime Minister Fumio Kishida said he would strengthen the economy in a way that makes the most of the weak yen, including encouraging the building of chip and battery factories as well as pushing farm exports.
“I will press ahead with strengthening an economic structure that capitalizes on the weak yen,” he said Monday at the opening of a new session of parliament. “While drawing out the maximum benefits of the weak yen, I will proceed with policies that return them to the people.”