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In a policy address to lawmakers, Fumio Kishida said it was a case of solving the issue “now or never,” and that it “simply cannot wait any longer.”

“In thinking of the sustainability and inclusiveness of our nation’s economy and society, we place child-rearing support as our most important policy,” the prime minister said.

Kishida added that he wants the government to double its spending on child-related programs, and that a new government agency would be set up in April to focus on the issue.

Japan has one of the lowest birth rates in the world, with the Ministry of Health predicting it will record fewer than 800,000 births in 2022 for the first time since records began in 1899.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The country also has one of the highest life expectancies in the world; in 2020, nearly one in 1,500 people in Japan were age 100 or older, according to government data.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. These trends have drivena growing demographic crisis,with a rapidly aging society, a shrinking workforce and not enough young people to fill the gaps in the stagnating economy.

Experts point to several factors behind the low birth rate. The country’s high cost of living, limited space and lack of child care support in cities make it difficult to raise children, meaning fewer couples are having kids.Urban couples are also often farfrom extended family who could help provide support.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. Attitudes toward marriage and starting families have also shifted in recent years, with more couples putting off both during the pandemic.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. Some point to the pessimism young people in Japan hold toward the future, many frustrated with work pressure and economic stagnation.

Japan’s economy has stalled since its asset bubble burst in the early 1990s. The country’s GDP growth slowed from 4.9% in 1990 to 0.3% in 2019, according to the World Bank. Meanwhile, the average real annual household income declined from 6.59 million yen ($50,600) in 1995 to 5.64 million yen ($43,300) in 2020, according to 2021 data from the country’s Ministry of Health, Labor and Welfare.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. The government has launched various initiatives to address the population decline over the past few decades, including new policies to enhance child care services and improve housing facilities for families with children. Some rural towns have even begun paying couples who live there to have children.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. South Korea recentlybroke its own recordfor the world’s lowest fertility rate, with data from November 2022 showing a South Korean woman will have an average of 0.79 children in her lifetime – far below the 2.1 needed to maintain a stable population. Japan’s fertility rate stands at 1.3, while the United States is at 1.6.

is loyal equipments limited (539227) a good buy now ✌️【Safe Investment】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. Meanwhile,China’s population shrank in 2022for the first time since the 1960s, adding to its woes as it struggles to recover from the pandemic. The last time its population fell was in 1961, during a famine that killed tens of millions of people across the country.

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