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المشهد العربي
Japanese Minister: Spending Aims to Stabilize Yen
Japan's Minister of Growth Strategy, Minoru Kuchi, confirmed that domestic investment spending programs will boost the value of the yen in the long term by increasing investment demand for the currency and easing financial concerns. He pointed out that rising employment and growing interest in yen-denominated assets will naturally support demand, while emphasizing the need to provide financial support to sectors such as artificial intelligence, semiconductors, software, and gaming to foster economic growth. He also noted that the central bank is managing its tools efficiently, with expectations of a rate hike in either September or October as part of its monetary policy management.
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