Japan new Prime Minister to seek fresh mandate

With the composition of his new Cabinet, Japan’s new Prime Minister will seek a new mandate to deal with the virus. Fumio Kishida, who took over as Prime Minister of Japan on October 4, 2021, succeeded Yoshihide Suga. After the coronavirus outbreak, one of the most important tasks for Japan’s new prime minister will be to improve the economy. Kishida said he intends to maintain previous Prime Minister Shinzo Abe’s economic reforms, known as “Abenomics,” which emphasize expansionary fiscal policies. He also intends to enact policies that will increase people’s incomes through changing tax laws and establishing additional safeguards for small and medium-sized businesses. Now, he essentially intends to carry on his predecessor’s economic policies, citing the fight against the coronavirus and the economic crisis as the two most significant aspects of his government’s work. The crisis has a massive effect on the Japanese economy. However, roughly 60% of Japan’s population has been properly vaccinated, and the number of infections has decreased. Fumio Kishida will be in charge of guiding the progressive relaxation of limitations on social and business activity, as well as the opening of the border to foreign visitors.

Isn’t it also possible to lift up the restrictions of the foreign workers outside Japan?