TOKYO -- The administration of new Japanese Prime Minister Sanae Takaichi is compiling an economic policy package that will include tax cuts to incentivize capital investment in 17 strategic fields, such as artificial intelligence and biotechnology.
Japan's new PM
Takaichi to unveil tax cuts for capital spending in AI, other key fields
Administration will also develop framework to make budgets more predictable
Prime Minister Sanae Takaichi, second from right, speaks at the inaugural meeting of Japan's growth strategy council on Nov. 4. (Photo by Ken Suzuki)
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