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Japan's First Female Finance Minister Aims for Financial Overhaul

10/27/2025

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Story summary
  • Satsuki Katayama has become Japan's first female finance minister.
  • She aims to overhaul the regional banking sector amid a declining population.
  • Katayama identifies financial crime and regional finance as key issues while urging households to shift from savings to investments.
  • She plans to secure funding to raise defense spending to 2% of GDP, potentially through deficit-financing bonds, with a goal by fiscal 2025.