Prime Minister Fumio Kishida of Japan speaks at the Atlantic Council Global Citizen Awards in New York on Sept. 20th, 2023.
Japan's Prime Minister Fumio Kishida said on Thursday that he will instruct his government to pull together the pillars of an economic package early next week under his new cabinet.
Kishida said the economic stimulus package would include measures that counter issues like inflation and depopulation.
Although Japan's economy has been showing signs of moving towards inflation, Kishida said.
He said that he hoped to disclose a bold economic package to accelerate those signs of change in Japan's economy so that it could enter a new phase.
The comments follow similar remarks by new Economy Minister Yoshitaka Shindo last week, saying positive signs were emerging in output gaps and other areas for the economy to escape deflation.