Japan economic panel urges $400 billion investment to boost SME productivity
Cătălin Roșioru
TOKYO :Japanese Prime Minister Shigeru Ishiba's economic advisory panel recommended investment of $400 billion to boost productivity at smaller firms, a crucial segment in the government's quest to achieve wage growth well in excess of inflation. The panel, tasked to compile key economic policies for the government, presented a five-year plan at its meeting on Wednesday outlining steps to help small and mid-sized enterprises (SMEs) raise wages. SMEs, which employ 70 per cent of Japan's
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