Japan's LDP candidates propose a new stimulus package for economic growth amid slower GDP growth and rising inflation.

Japan's ruling Liberal Democratic Party (LDP) candidates are promising a new stimulus package to enhance economic growth and assist households facing rising inflation. This comes as revised data shows a slower GDP growth rate of 2.9%. Key contender Sanae Takaichi advocates for strategic fiscal spending to boost jobs and household income, while addressing weak inflation. The LDP leadership election on September 27 will determine the next Prime Minister, who may call a snap election afterward.

September 09, 2024
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