Japan’s Ishiba emphasises deflation fight in Parliament speech

Japanese Prime Minister Shigeru Ishiba delivering his first policy speech in Parliament on Oct 4, 2024. - AP

TOKYO: New Japanese Prime Minister Shigeru Ishiba emphasised in his first speech to parliament that his top economic priority is to defeat deflation and put the nation on a stable growth track.

"I will decisively end deflation and build a future for our economy,” Ishiba said during a speech Friday (Oct 4) that largely underscored policy positions he laid out in recent weeks during his run to become national leader, and which signal continuity with his predecessor.