LIVE | Japan's New PM Ishiba's First Policy Speech In Parliament, Warns Of 'Quiet Emergency'

Japanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the blow to households from rising living costs, as the new government makes its top priority an exit from deflation. The step comes as Ishiba, previously seen as a proponent of fiscal austerity, now stresses ahead of a general election that his focus is to get the economy to fully shake off the deflation that has weighed it down for the last three decades.

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