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Japan's PM Kishida vows to begin outlining new economic steps next week

From english.kyodonews.net

Kishida added his government is aiming to finalize the package by the end of October and submit a draft supplementary budget to fund it to parliament "in a timely manner" under the new Cabinet. "Under the new administration, we will address issues that cannot be postponed," Kishida said. The government said earlier this month that Japan's economy grew an annualized real 4.8 percent in April to June, revised down from 6.0 percent reported earlier, hurt by sluggish capital spending and private consumption. The world's third-biggest economy expanded for the third straight quarter. Analysts, however, have warned that the ... (full story)

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