Japan's new premier vows to pursue ‘aggressive’ fiscal policy
During 1st policy speech in parliament, Sanae Takaichi outlines economic vision, with opposition interrupting and her supporters lending her applause
ANKARA
Japan’s new prime minister on Friday pledged to pursue an “aggressive” fiscal policy to stimulate growth, according to Kyodo News.
During her first policy speech to parliament, Sanae Takaichi outlined her economic vision amid global economic uncertainty and persistent inflationary pressures.
Takaichi also said Japan will raise defense spending to 2% of GDP two years ahead of schedule.
Japan, the world's fourth-largest economy, had said it would spend around $70 billion on defense in the current fiscal year, which ends next March, meaning 1.8% of GDP.
During her speech, opposition members repeatedly interrupted her remarks, while ruling party lawmakers and her supporters applauded her address and economic vision.
Takaichi’s policy address comes after she was elected on Tuesday, making her Japan’s first woman to hold the premiership.
