Prime Minister Shigeru Ishiba said Monday that Japan should aim to boost its economy to 1,000 trillion yen ($7 trillion) in nominal terms by 2040, instructing his ruling party executives to include it in a pledge for this summer’s nationwide election.
The size compares with the country’s nominal gross domestic product of around 600 trillion yen in 2024.
Japan is set to hold an election for the House of Councillors this summer.
Japanese Prime Minister Shigeru Ishiba arrives at the premier’s office in Tokyo on June 9, 2025. (Kyodo) ==Kyodo
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AloJapan.com