In accordance with Cointribune, Japan has approved a 17 trillion yen stimulus plan to address economic challenges including labor shortages, aging population, and stalled investments. The Takaichi government aims to inject over 110 billion dollars into the economy, with a focus on AI and semiconductor sectors to offset declining workforce numbers. In 2024, 309 companies went bankrupt due to staff shortages, and the hotel industry invests only 20,000 yen per employee in digital tech compared to 450,000 in other sectors. Japan also plans to allocate 10 trillion yen by 2030 to AI and semiconductors, but SMEs and outdated infrastructure remain obstacles to progress.
Japan Approves 17 Trillion Yen Stimulus Amid Labor Shortages and Aging Population
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