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Regional Revitalization: 26 projects have more than half of their budget left over; lenient policies that fail to bring about growth

Summary by Nikkei
The Abe administration launched the Regional Revitalization Initiative in 2014. Prime Minister Ishiba Shigeru, who was the first minister in charge, is trying to refocus his efforts on the initiative as a signature policy. The FY2013 budget proposal includes 200 billion yen in subsidies, double the amount initially allocated for FY2012. The problem is the evidence for advancing the policy. Over the past decade, the population decline in rural ar…

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Nikkei broke the news in Japan on Tuesday, February 11, 2025.
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