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Reading: Japan Launches Contest To Encourage Youths To Drink More Alcohol And Boost Economy
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World News

Japan Launches Contest To Encourage Youths To Drink More Alcohol And Boost Economy

Tobias Sylvester
By Tobias Sylvester
Published: August 18, 2022
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The Japanese Government has launched a competition seeking  to encourage young people to drink more alcohol to boost the country’s tax revenues.

Japan Launches Contest To Encourage Youths To Drink More Alcohol And Boost Economy

Japan Ask Its Youths To Drink More Alcohol

The country’s National Tax Agency (NTA) said it initiated the new campaign following 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.

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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.”

ALSO READ: Former Japanese Prime Minister, Shinzo Abe Shot During Campaign Speech [Photos]

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TAGGED:AlcoholJapanNewsWorldworld newsyouths
ByTobias Sylvester
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Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos.Contact Tobias at [email protected] a confidential tip? Submit it here
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