While Japan’s population currently sits at 125 million, experts project numbers will fall to 86 million by 2060. Japan has unveiled a proposal to address the country’s low birthrates.
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To address the problems, Ogura’s plan proposes increased financial assistance, including more government subsidies for childrearing, more generous student loans for higher education and greater access to childcare services. It also aims to change the cultural mindset toward more gender equality both at work and at home.
He said he submitted the proposal to Prime Minister Fumio Kishida for further consideration. It will be part of a bigger policy package that Kishida’s government will compile in June. Japan is the world’s third biggest economy but living costs are high, wage increases have been slow and about 40% of Japanese are part-time or contract workers. Critics say the government has lagged in making society more inclusive for children, women and minorities.
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