Japan PM contender Kono needs renewable energy, 5G to be focal point of stimulus package

Japan PM contender Kono needs renewable energy, 5G to be focal point of stimulus package


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Financial system1 hour in the past (Sep 16, 2021 12: 30AM ET)

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Japan PM contender Kono wants renewable energy, 5G to be focus of stimulus package© Reuters. FILE PHOTO: Taro Kono, Japan’s vaccination programme chief and ruling Liberal Democratic Occasion (LDP) lawmaker, attends a facts conference as he announces his candidacy for the celebration’s presidential election in Tokyo, Japan, September 10, 2021. REUTERS/Issei

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TOKYO (Reuters) – Japan’s vaccine minister Taro Kono, a contender to vary Top Minister Yoshihide Suga, acknowledged on Thursday any new financial stimulus measures will own to restful prioritise spending on renewable energy and expansion of 5G networks nationwide.

In a neighborhood interview, Kono furthermore acknowledged it became as soon as onerous to swap monetary protection impulsively now given the stress the coronavirus pandemic is inflicting on the financial system.

Kono is working to vary Suga, who is stepping down as chief of the ruling Liberal Democratic Occasion. The winner is discontinuance to assured of being high minister thanks to the celebration’s majority in the decrease rental of parliament.

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