2023-11-10 07:16:04
Fumio Kishida’s annual salary was thus to increase by 460,000 yen (around 2,850 euros) to total 40.6 million yen (around 250,000 euros).
Japanese Prime Minister Fumio Kishida pleads for increasing wages in his country in the face of inflation. But he had to give up setting an example himself, faced with the controversy aroused by an increase in his own remuneration. His government has prepared a bill aimed at increasing salaries throughout the public administration, up to the top of the executive. Fumio Kishida’s annual salary was thus to increase by 460,000 yen (around 2,850 euros) to total 40.6 million yen (around 250,000 euros).
“It is true that the decision to increase the salary of the Prime Minister and ministers was criticized by Japanese public opinion”, but “we must avoid arousing distrust”, declared Thursday the government spokesperson Hirokazu Matsuno.
Therefore, “if the bill is adopted by Parliament, the Prime Minister, ministers and vice-ministers have decided to return the amount of their salary increases to the Public Treasury”, continued Hirokazu Matsuno.
Economic support plan equivalent to 100 billion euros
Fumio Kishida unveiled last week a new vast plan to support the Japanese economy, equivalent to more than 100 billion euros, in order to alleviate the effects of inflation on the population and try to boost its rating. faltering popularity.
Inflation in Japan reached levels not seen since 1981 at the start of the year, and currently remains well above the Bank of Japan’s 2% target (2.8% in September year-on-year, excluding fresh products) . This surge in prices is weakening the purchasing power of Japanese households, as wage increases are struggling to keep pace. The fall of the yen once morest the dollar and the euro is also weighing on Japanese consumers.
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