Japan’s ruling party aims for 1,000 trillion yen nominal GDP in 2040, PM Ishiba says

TOKYO (Reuters) -Japan’s Prime Minister Shigeru Ishiba said on Monday he had instructed ruling Liberal Democratic Party (LDP) executives to include the goal of achieving 1,000 trillion yen ($6.94 trillion) nominal GDP in 2040 in a party election pledge.

Ishiba also said the goal of achieving a more than 50% increase in the average income should be included as a top agenda item in the LDP’s campaign for the upper house election slated for July.

($1 = 144.0200 yen)

(Reporting by Kantaro Komiya; Editing by Aidan Lewis)

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