Prime Minister Fumio Kishida is set to sketch out promised economic measures early next week, a move that comes as polls show voters are dissatisfied with the steps he¡¯s taken so far to alleviate the pain of rising prices partly fueled by weakness in the yen.
Speaking to reporters in New York, where he gave a speech at the United Nations, Kishida warned that Japan¡¯s economic situation remains unstable, while the economic outlook for other major countries is also unpredictable.
"We are at a crucial point that will decide whether Japan¡¯s economy can move on to a new stage¡± after decades of deflation and cost-cutting, he said. He will outline the bold measures needed in the first half of next week, he added.
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