FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister's official residence in Tokyo, Japan October 14, 2021. Eugene Hoshiko/Pool via REUTERS
TOKYO (Reuters) - Japan's new Prime Minister Fumio Kishida launched a flagship council on Friday to work out a strategy to tackle wealth disparities and redistribute wealth to households, in what he describes as a "new form of capitalism."
The move is a crucial part of Kishida's economic policy that combines the pro-growth policies of former premier Shinzo Abe's "Abenomics" stimulus measures and efforts to more directly shift wealth from companies to households.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
