Japan’s Prime Minister Shinzo Abe believes that the only chance to achieve economic stability for the country in the next few years is if the ruling Liberal Democratic Party will be able to win the majority seats in the Upper House elections next month. Currently, opposition party Democratic Party of Japan has control of the upper house, making it difficult to pass important legislation initiated by the LDP.
Abe, in a news conference to mark the end of the parliamentary session, called for an “end to the twisted parliament” and emphasized that in order to have a more stable government, voters must “break new ground” in the upcoming elections. Half of the 242 seats in the Upper House will be settled in the elections slated for July 21. Bills like the power reform bill have been continually voted down when it comes to Upper House voting and Abe says this has caused “indecisive politics.”
The economic policies Abe has introduced since returning to office six months ago has rejuvenated the ailing economy of Japan. Called “Abenomics“, the policies include monetary easing and higher public spending, and have given the country a better-than-expected economic growth of 3.5 percent in the last quarter. But drastic policies are still needed to be able to get Japan out of the deflation that has dragged the country down for the past years. Abe said that over the next years, his priority would still be to strengthen the economy and legislation leading to that should be easily passed in the parliament. That can only be done if the LDP has control of both the lower and upper houses. “Just as we were losing hope that we may never get our economy to grow back, we regained some confidence and think that perhaps Japan can play an active role in the center of the world once again,” Abe concluded.
[ via The Republic ]
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