Japan Kishida: Must promote wage, investment growth for full exit deflation-prone economy

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Prime Minister Kishida press conference.

He is announcing he won’t be running to stay on as PM.

  • To
    make full exit from deflation-prone economy, we must promote wage,
    investment growth and achieve target to expand size of Japan’s GDP to
    600 trln yen
  • Important to show new face of LDP in leadership race
  • First step to do so is for me to step down
  • Won’t run for re-election as LDP leader
  • Will fully support new leader
  • Made this decision considering what’s best for public
  • Have no hesitation in taking responsibility as head of LDP for
    issues caused by members

This article was written by Eamonn Sheridan at www.forexlive.com.



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