Japan's Ishiba Pledges 50% Pay Rise by 2040 Ahead of Elections
A 50% increase in average pay and a ¥1 quadrillion ($6.9 trillion) economy will be the top campaign pledges for this summer's upper house election according to Japanese Prime Minister Shigeru Ishiba, as the date nears for voters to give their latest verdict on Ishiba's administration.
'I've instructed senior party officials to make our top election pledge an aim to reach ¥1 quadrillion in nominal GDP by 2040 and increase average pay by 50% or more from its current level,' Ishiba told reporters in Tokyo Monday evening.
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