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Kishida’s latest plan fails to tackle key issues in Japan’s baby crisis
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Many young Japanese say they “see no hope” in their future and do not wish to raise their children in such an environment.
PHOTO: AFP
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TOKYO – Japanese Prime Minister Fumio Kishida is devoting trillions of yen to what he described as an “epoch-making” bid to reverse an acute existential crisis for his country: the plunging fertility rate.
Under the plan, approved by his Cabinet on Tuesday, the annual childcare budget will be raised by 500 billion yen (S$4.8 billion) to 3.5 trillion yen over three years from April 2024.
