Kingmaker Abe behind push for Japan's supersize stimulus

Fiscal discipline goes out the window as Abenomics-style spending returns

20211119NY Abe and Takaichi

Hawkish allies: Liberal Democratic Party policy chief Sanae Takaichi seen speaking to former Prime Minister Shinzo Abe in Parliament. The two conservative politicians are increasingly taking coordinated actions.   © Reuters

YUSUKE TAKEUCHI, Nikkei staff writer

TOKYO -- When Japanese Prime Minister Fumio Kishida visited former Prime Minister Shinzo Abe at the latter's parliamentary office on Wednesday, a large portion of the conversation was about the economy.

"The stimulus needs to be over 30 trillion yen ($263 billion) on a real expenditure basis," he said, referring to direct government spending. 

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.