BREAKING NEWS
Breaking

728x90

468x60

Japan asks youths to drink more alcohol to boost economy

 


The government in Japan has launched a new campaign aimed at encouraging youths in the country to drink more alcohol.

In a blog post, the country’s National Tax Agency (NTA) said the initiative followed a drastic fall in tax revenues from alcoholic beverages.

According to the agency, alcohol consumption in the country fell from an average of 100 litres a person a year in 1995 to 75 litres in 2020.

A report by Japan Times also showed that taxes on alcohol accounted for 1.7% of Japan’s tax revenue in 2020, down from 3% in 2011 and 5% in 1980.

In the statement, NTA said the campaign tagged “Sake Viva!” is a nationwide competition to get ideas from the youths on how to make alcohol more appealing to young people in the country.

The government also said the contest, which targets those between the ages of 20 to 39, will help boost tax revenue from alcohol consumption.

It added that the coronavirus pandemic, as well as demographic changes such as declining birthrate and aging population, have significantly affected the country’s alcohol intake rate.

 “The domestic alcoholic beverage market is shrinking due to demographic changes such as the declining birthrate and aging population, and lifestyle changes due to the impact of the new coronavirus infection,” it reads.

“In this project, by asking young people to propose their own business plans, we will appeal to young people for the development and promotion of Japanese alcoholic beverages, and at the same time, we will revitalize the industry by announcing excellent plans.”

 

Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com