Fall Session: Business Investment and Wages Rise

fall session: Economic growth is important and making wages rise will be the key, according to The Japan Times. We will try to introduce policy measures that will lead to higher wages. While Abe has vowed that he won't take his eyes off the economy, some investors have expressed concern that his determination to rewrite the nation's pacifist Constitution could come at the expense of further efforts to restructure the labor market and spur business investment. ; We can make progress on constitutional changes in parallel with economic and foreign policies, Nishimura, 54, said in an interview on Wednesday. The ruling Liberal Democratic Party, not the prime minister alone, will take the lead in preparing its constitutional reform bill for the fall session of the Diet, while the Abe administration keeps its focus on the economy, Nishimura said. Changing the Constitution is a key objective of the party since its foundation, said Nishimura, a former vice economy minister who now sits on an LDP committee pushing for constitutional change. The balancing act will be different from 2015, when a contentious reinterpretation of the Constitution tied Abe and his key ministers to the parliament constantly, he said. (news.financializer.com). As reported in the news.