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Japan must fill US$ 200 billion output gap, PM contender Kono says

Japan must fill US$
200 billion output gap, PM contender Kono says

Japan's Vaccine Minister Taro Kono, who is running to replace Prime Minister Yoshihide Suga, speaks during a group interview in Tokyo, Japan September 16, 2021. REUTERS/Kim Kyung-Hoon

TOKYO : Japan must take steps to fill a 22-trillion-yen (US$200 billion) output gap in the economy, Taro Kono, a leading candidate in the race to lead the ruling party, said on Friday.

In a speech on his policy proposal, the vaccine minister also said the government must take the lead in promoting renewable energy as a theme deserving "highest priority".

(US$1=109.8300 yen)

(Reporting by Leika Kihara, Kiyoshi Takenaka and Tetsushi Kajimoto; Editing by Clarence Fernandez)

Source: Reuters

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