Japan's LDP floats universal cash handouts to ease cost-of-living pressures ...Middle East

The context is that Japanese Prime Minister Shigeru Ishiba has directed the ruling Liberal Democratic Party (LDP) to include ambitious economic targets in its upcoming election platform.

At a party executive meeting on Monday, Ishiba called for a 50% increase in average household income and for nominal GDP to reach 1,000 trillion yen by 2040.

And, of course, further context .... Japan's 27th House of Councillors election is set to take place by 22 July 2025, with 124 of the 248 upper house seats up for grabs.

This article was written by Eamonn Sheridan at www.forexlive.com.

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