The government makes a deal? | This week in Japanese politics
The ruling coalition appears to have Ishin's support for the budget, Japan's economy passed a long-standing target in 2024, and Foreign Minister Iwaya met with G20 foreign ministers
Thank you for reading Observing Japan. This post is available to paid subscribers. “This Week in Japanese Politics” will be published for paid subscribers once or twice a week.
If you are looking for timely, forward-looking analysis of the stories in Japans’s politics and policymaking that move markets, I have launched a new service through my business, Japan Foresight LLC. For more information about Japan Foresight’s services or for information on how to sign up for a trial or schedule a briefing, please visit our website or reach out to me.
A couple of housekeeping notes: apologies for the delay in this week’s edition as I was in transit to Japan for the Tokyo Marathon. will be taking meetings while I am in Tokyo. If you are interested in meeting, please send an inquiry below.
Meanwhile, as we approach the first anniversary of taking this newsletter “‘professional,” I will have an anniversary sale on subscriptions. Stay tuned for more information.
The rundown
The ruling coalition’s talks with opposition parties finally secured a partner for passing the budget, announcing a preliminary deal with Ishin no Kai on tuition fees and health care spending. Constitutional Democratic Party (CDP) leader Noda Yoshihiko, however, responded to the announcement by suggesting that his party could delay a vote on the budget depending on the Liberal Democratic Party’s (LDP) response to demands for testimony from a key figure in the kickback scandal. Meanwhile, Japan’s economy was larger than JPY 600tn for the first time in 2024, while prices continued to climb in January. In South Africa for a G20 meeting, Foreign Minister Iwaya Takeshi voiced the Japanese government’s continuing support for Ukraine, while a Keidanren delegation visited China. Plus: a record number of international visitors came to Japan in January. All of this and more in This Week in Japanese Politics.
Keep reading with a 7-day free trial
Subscribe to Observing Japan to keep reading this post and get 7 days of free access to the full post archives.