Following enactment of the budget, Japanese Prime Minister Fumio Kishida outlined his economic policies to bring Japan out of deflation.
In turn, Nikkei-triggered reforms will attract further investment and contribute to the revitalization of Japan’s markets.
Inflation may be the real driver for PM Kishida's vision by giving households an incentive to invest, and catching the keen eye of foreign asset managers.
As regional and global dynamics develop, predictions from these scenarios point to Japan becoming more open, more Asian, and more influential in the New Year.
Prime Minister KISHIDA Fumio welcomed 2024 with a New Year message of change, hope, and strength, which is shared below in its entirety.
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