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Abe's post-election policy targets wages, fiscal reforms

Published Wed, Oct 25, 2017 · 09:50 PM

Tokyo

JAPANESE Prime Minister Shinzo Abe's economic agenda is shaping up after his landslide election win with a focus on steering firms to hike wages and keeping the economic recovery going with loose fiscal and monetary policies.

Details emerged on Wednesday of policymakers' plans to push businesses to use their huge cash-piles to boost salaries and moves to shift fiscal prudence targets, a sign Mr Abe will continue to prioritise growth over austerity.

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