06-12-2025 07:47 via article.wn.com

Economic Watch: Takaichi's bold fiscal push hard to resolve Japan's economic woes

by Xinhua Writer Wang Nan TOKYO, Dec. 6 (Xinhua) -- Japanese Prime Minister Sanae Takaichi, who advocates a "responsible and proactive fiscal policy," recently pushed the Cabinet to approve a draft 18.3 trillion yen (117 billion U.S. dollars) supplementary budget for 2025 fiscal year to fund her massive economic package, yet Japan's deep-seated economic strains remain unresolved. With the yen sliding, government debt piling up and inflation running high, Japanese media outlets and experts argued
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