Japan’s ruling Liberal Democratic Party (LDP) official and candidate running in the party’s leadership race, Sanae Takaichi, said on Monday, “strategic deployment of fiscal spending will increase jobs, household income, and improve consumer sentiment.”
“It will also increase tax revenues without raising the tax rate and help build a strong economy,” she added.
Additional comments
Japan’s inflation, when excluding external factors, still weak.
Cannot say Japan has stably achieved BoJ’s 2% inflation target.
(This story was corrected on September 9 at 05:47 GMT to change the pronoun for Sanae Takaichi to “she”, not “he”.)
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