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It's 'now or never' to stop Japan's shrinking population, PM says

It's 'now or never' to stop Japan's shrinking population, PM says

14 Sept 10:00 Key points summarised by AI
  • Japanese Prime Minister Fumio Kishida declared urgent action is needed to reverse the nation's declining birth rate, calling it a "now or never" situation for one of the world's oldest societies.
  • Japan's birth rate plunged to a record low last year, falling below 800,000 for the first time, eight years earlier than projected, signaling a critical demographic crisis.
  • Kishida pledged to double the budget for child-related policies by June and establish a new Children and Families government agency in April to tackle the issue head-on.
  • Despite previous incentives, Japan remains one of the most expensive countries globally to raise a child, a factor contributing to its ongoing population decline alongside other nations like China and South Korea.
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