Arab Today, arab today japan pm to unveil more economic growth measures
Last Updated : GMT 11:16:14
Arab Today, arab today
Arab Today, arab today

Japan PM to unveil more economic growth measures

Arab Today, arab today

Arab Today, arab today Japan PM to unveil more economic growth measures

Tokyo - AFP

Japan's Prime Minister was expected Friday to unveil growth strategies aimed at perking up the economy, the latest steps in a policy blitz that has rallied stocks and boosted his popularity. Shinzo Abe will showcase his plans in a major press address as his controversial big-spending, easy-money policies -- dubbed "Abenomics" have fuelled optimism in an economy that has struggled for two decades. The address comes as Abe's aides suggest economic reforms, including setting up special business districts with lowered corporate taxes and lighter regulation in a bid to attract foreign investors. Abe was also expected to discuss employment measures for young people and women such as expanding the availability of day-care services to broaden Japan's shrinking labour market, hit by retiring babyboomers and falling birthrate. The expected measures will be the latest in Abe's policy initiatives that have so far cheered investors and business sentiment. The headline Nikkei index at the Tokyo Stock Exchange has soared nearly 50 percent since he took the helm of the Liberal Democratic Party in September. The yen has plunged from 77.72 to the dollar to 98.45. Many economists have warned that Abe's policies are a risky gamble with no long-term certainty except for further worsening Tokyo's already huge debt burden. But intoxicating market rallies and the yen's precipitous slide have found favour in the business community, forcing critics of Abenomics to the sidelines. Since his December election victory Abe has surprised many with an economic pragmatism that has borne fruit, reversing his image as an out-of-touch nationalist from a political family. His government pushed a $142 billion stimulus, funded largely by issuing IOUs, despite Japan's already having a pile of debt worth more than twice its GDP. He appointed like-minded financial veteran Haruhiko Kuroda as chief central banker, whose aggressive monetary easing programme he hopes will work as the other side of a pincer movement and induce long-absent inflation. Abe has also thrown his lot in with the Trans-Pacific Partnership (TPP) free trade deal, despite strong opposition from farm lobbies, a traditional support base for Abe's conservative Liberal Democratic Party. Abe's unapologetic exceptionalism has also excited voters used to centrist leaders focused on building consensus, who have in the past been swept under the wheels of Japan's vicious electoral machine and fickle press. Analysts say he is now looking to solidify his power base ahead of upper house elections, slated for July. A win there could offer him carte blanche to push the legislative programmes he wants.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan pm to unveil more economic growth measures Arab Today, arab today japan pm to unveil more economic growth measures

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday