Japan: New minister vows to work for strong economy

Japan’s new economic revitalization minister has pledged to do his best to establish a positive economic cycle. Nobuteru Ishihara succeeded Akira Amari, who resigned last week over a funding scandal. Ishihara spoke to officials at the Cabinet Office on Monday. He’ll be in charge of promoting Abenomics and the Trans-Pacific Partnership free trade deal negotiated by his predecessor. Ishihara said his portfolio includes areas that are directly linked to people’s lives, and of the highest interest to the public, such as the Trans Pacific Partnership. He added that Japan needs to get itself out of deflation and strengthen the economy by increasing GDP to 600 trillion yen, or about 5 trillion dollars. Source and image: NHK Share this:TweetEmail

February 3, 2016

Japan’s new economic revitalization minister has pledged to do his best to establish a positive economic cycle.

Nobuteru Ishihara succeeded Akira Amari, who resigned last week over a funding scandal.

Ishihara spoke to officials at the Cabinet Office on Monday. He’ll be in charge of promoting Abenomics and the Trans-Pacific Partnership free trade deal negotiated by his predecessor.

Ishihara said his portfolio includes areas that are directly linked to people’s lives, and of the highest interest to the public, such as the Trans Pacific Partnership.

He added that Japan needs to get itself out of deflation and strengthen the economy by increasing GDP to 600 trillion yen, or about 5 trillion dollars.