Is Kishida’s Stimulus The Cure Japan Needs? – Analysis

By Gunther Schnabl

Japanese Prime Minister Fumio Kishida announced a new fiscal stimulus program in response to a fall in his cabinet’s approval rating. The approval rating, which peaked at 59 per cent in June 2022 plunged to its lowest point of 29 per cent in November 2023.

Despite a reshuffle of the cabinet aimed at...