Japan’s Ishiba Emphasizes Deflation Fight in Parliament Speech

  • New prime minister delivers first major speech in parliament
  • Pledges to create ‘happiness index’ to measure well-being
WATCH: Japanese Prime Minister Shigeru Ishiba discusses his economic and fiscal policies.Source: House of Representatives)

New Japanese Prime Minister Shigeru Ishiba emphasized in his first speech to parliament that his top economic priority is to defeat deflation and put the nation on a stable growth track.

“I will decisively end deflation and build a future for our economy,” Ishiba said during a speech Friday that largely underscored policy positions he laid out in recent weeks during his run to become national leader, and which signal continuity with his predecessor.