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The long tenure of Shinzo Abe as Japan’s prime minister has been cut short by ill health, and Yoshihide Suga has been elected to take over by the governing party.
Suga will continue Abe’s economic policy: We believe he is likely to add fiscal stimulus and further enhance growth with an emphasis on digitalization and deregulation.
Stated plans include an “e-Government” initiative, regional economic special zones and further support for changes to the ownership structure of Japanese companies.