Earlier reports of: Nikkei reports Japan to consider boost to minimum wage
More, via Reuters from a draft of economic stimulus measures seen on Monday:
- Japan's government plans to raise the minimum wage and wages paid to other workers
- To help its target of raising nominal gross domestic product to 600 trillion yen in five years
- Government to offer some financial support to people living off their pensions
- Government to reward companies that invest in plants and equipment that improve energy efficiency
- To encourage capital expenditure by small firms
- Government to provide a timeframe for lowering the corporate tax rate below 30%
Economics Minister Akira Amari will present the draft at a meeting of the government's top advisory panel on Tuesday; government due to finalise economic stimulus measures by the end of November