Prime Minister Shigeru Ishiba said Monday that Japan should aim to boost its economy to 1,000 trillion yen ($7 trillion) in nominal terms in 2040, instructing his ruling party executives to include it in a pledge for this summer's nationwide election.The size compares with a nominal gross domestic product of around 600 trillion yen in 2024, which met a target set about a decade ago. Japan, however, had lost its status as the world's third-largest economy to Germany the previous year.Ishiba said that while giving priority to ensuring that wage growth consistently outpaces inflation, his Libe…READ FULL ARTICLE
