Japan aims to turn investment surge into lasting growth, finance minister tells WEF

DUBAI: Japan’s new government is seeking to move away from decades of deflation and cost-cutting by pursuing large-scale investment in strategic technologies, resilient supply chains and productivity growth, Finance Minister Satsuki Katayama said during a World Economic Forum session on Japan’s economic future. Speaking at the WEF discussion “How can we unlock new sources of growth? Japan’s Turn,” Katayama said Japan is at a “dramatic moment” as Prime Minister Takaichi Sanae’s administration seeks a fresh mandate following the dissolution of the lower house announcement made this week.

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