Private-sector members of a key Japanese government panel have called for a review of an indicator used to assess the appropriateness of public works projects, in order to encourage long-term infrastructure investment by local governments and other entities.
"We need to build a strong regional economy in order to make the Japanese archipelago strong and prosperous," Prime Minister Sanae Takaichi said at Monday's meeting of the Council on Economic and Fiscal Policy.
Takaichi instructed relevant Cabinet ministers to strengthen crisis management investment to make the nation more powerful.
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