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Kishida says gov’t panel on inflation and wages to meet Friday

Japan's Prime Minister Fumio Kishida speaks during a joint news conference with Indonesian President Joko Widodo at the prime minister's official residence in Tokyo Wednesday, July 27, 2022. (Kiyoshi Ota/Pool Photo via AP)

Tokyo, 5 September, /AJMEDIA/

A Japanese government panel tasked with tackling rising prices and wage issues will meet on Friday and consider additional policy measures that should be taken, Prime Minister Fumio Kishida said on Sunday.

Speaking to reporters in Niigata Prefecture, Kishida said the government should consider reviewing and raising subsidies for regional revitalization so they can be used to respond effectively to surging prices.

“I would like to compile additional measures and implement them without hesitation,” he said, adding that he recognized the importance of offering support that matches the needs of local communities.

Kishida has made a top priority of addressing the impact of rising energy, food and raw materials prices on businesses and consumers, instructing his government last month to draw up new policy measures.

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