Japanese PM Kishida delivers policy speech

Japanese PM Kishida delivers policy speech as Diet session opens

Japanese PM Kishida delivers policy speech as Diet session opens.

Tokyo, The Gulf Observer: Japanese Prime Minister Fumio Kishida delivered a policy speech as an extraordinary Diet session convened on Monday.

He vowed to take steps to cushion the blow from rising electricity bills and maximize the benefits to the economy from a weak yen by resuscitating inbound tourism.

Dealing with rising inflation and the fallout from the yen’s recent sharp falls will be among steps the administration will focus on, Kishida said in his policy speech, stressing that revitalizing the economy was his “top priority.”

The government will compile a package of measures by the end of this month to “protect people’s livelihood from rising prices”, he said.

Kishida also said Japan will fully open borders to overseas visitors from October 11 to revitalize inbound tourism, which had ground to a halt due to entry restrictions imposed to deal with the COVID-19 pandemic.