At a press conference on 4 April, Keizai Doyukai Representative Secretary Kengo Sakurada sounded the alarm over North Korea’s unusually frequent ballistic missile launches, saying that “the reality of security risks has increased enormously”. He then called for “the entire nation to take this as our own and take on the challenge of not being defeated by the risks”.
As for the response of the business community, he urged a review of supply chains in preparation for contingencies and said that the risk of depending on one country for energy, advanced technology and food, which are all related to security, should be avoided.
On the other hand, the government’s 28 October cabinet decision on comprehensive economic stimulus measures, which amount to some 71.6 trillion yen. The government’s Cabinet decision on 28 October on comprehensive economic measures, which amount to some 71.6 trillion yen in project size, noted that while financial support was necessary to combat rising prices, “it is clearly excessive and abnormal when looking at the situation in other industrialised countries. The government also pointed out that there was no mention of financial resources, and complained that the measures were scale-based and put aside fiscal discipline.
He also criticised the lack of concrete measures, saying that “if the Japanese economy is at such a risk, there is no explanation of what the risks are and what positive effects measures of this scale will have in the future”. He urged Prime Minister Fumio Kishida to come up with a clear message that would satisfy the public.
Source: https://www.sankei.com/article/20221104-XPCZLBPEJBNKBDD6AQXIJUFGVY/
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