Japan to boost child care spending to match Sweden

Japan said Thursday it will increase its spending on child care to a level on par with countries like front-runner Sweden, doubling it from the current size by the early 2030s as the rapidly aging nation aims to reverse the declining birthrate.Under a draft plan to realize "unparalleled" child-rearing support, the government will boost annual spending by around 3.5 trillion yen ($25 billion) over the next three years through fiscal 2027, though the debt-ridden nation is yet to decide how to fund it."We will fundamentally strengthen our steps," Prime Minister Fumio Kishida told a government …READ FULL ARTICLE