Shinzo Abe has completed an update of his economic policy agenda, putting forward proposals on subjects from tax and investment to agricultural reform that he hopes will improve Japan’s growth prospects and impress global investors.
The newest components of the “third arrow” of the prime minister’s three-pronged effort to invigorate Japan’s economy – a complement to the fiscal and monetary stimulus he introduced last year – were agreed at a meeting of a government council on business competitiveness on Monday.
“To keep the positive economic cycle going, it’s essential to improve the earning power of the Japanese economy,” Mr Abe said.
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