Coined after former Prime Minister Shinzo Abe – who resigned in end August due to health reasons – Abenomics involved the introduction of reforms to make the Japanese economy more competitive.
The principles of ‘Abenomics’ will still be applied in Japan as the nation continues to give top priority to economic recovery, says Prime Minister Yoshihide Suga.
“The Suga administration will continue to give top priority to the economy and make great efforts to reform,” he stressed at the Milken Institute’s virtual conference on Oct 19.
