Kishida vows to boost child-rearing budget to 4% of GDP

TOKYO, Feb 15 (Kyodo) - Prime Minister Fumio Kishida pledged Wednesday to boost Japan's budget for child-rearing to 4 percent of the country's gross domestic product to tackle the falling birthrate, but he did not elaborate on how to secure the costs.

During a parliamentary session, Kishida said Japan's expenditures for policies designed to support children and families reached 2 percent of GDP in the fiscal year ending March 2021, and the government is aiming to "double the amount." ...continue reading

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