You are here

Longer-term Abenomics targets recede further out of reach

Goal of achieving nominal GDP of 600t yen by fiscal 2020 could not be achieved


TARGETS set by Japan's Prime Minister Shinzo Abe under his Abenomics policies for economic growth and inflation slipped further on Tuesday when the Japanese Cabinet Office said the goal of achieving nominal gross domestic product (GDP) of 600 trillion yen (S$7.8 trillion) by fiscal