Japan's Prime Minister Proposes $26 Billion Plan to Boost Childcare

Japan's Prime Minister Fumio Kishida has announced a plan to set aside $26 billion for childcare measures, in an effort to double spending on childcare over the next three years.

31 May 2023 · 20:34 UTC

The move is aimed at addressing the country's declining birth rate, even if it means adding to the government's already heavy public debt burden.

The funds will be used to support higher education, prevent child abuse in poverty, and ensure medical care for handicapped children.

The government has not yet discussed the sources of funding for these measures.