综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / World

Abe puts off tax hike, calls snap vote

By Associated Press in Tokyo | China Daily | Updated: 2014-11-19 08:13

Japan's Prime Minister Shinzo Abe called a snap election for December and put off a sales tax hike planned for next year, vowing on Tuesday to step down if his strategy to revive the ailing economy falls flat.

Despite Abe's aggressive revival policies to end two decades of stagnation, the Japanese economy slipped into a recession last quarter after a tax increase in April crushed consumer and business spending. That prompted Abe and other officials to reconsider a second hike planned for October next year.

"I've been pondering this problem," Abe told a news conference. "Even if we raise the tax as planned, tax revenue will not increase if the economy does not recover."

Abe said he will dissolve parliament on Friday, setting an election for mid-December to seek public approval for his decision, which he said was needed to ensure the success of his "Abenomics" policies of extreme monetary easing, heavy government spending and economic reforms.

"I need to hear the voice of the people," Abe said. "I will step down if we fail to keep our majority because that would mean our Abenomics is rejected."

Delaying the tax hike will slow Japan's work on repairing its tattered public finances. But Abe said the risk to the world's third-largest economy was a bigger threat.

Fresh elections may seem a puzzling decision given the bad news on the economy. But the Liberal Democrats have a solid majority and hope to further consolidate their power at a time when opposition parties are weak and in disarray.

Abe described his strategies as the "only path" for Japan to escape its economic malaise.

"Some people say Abenomics has failed or it's not performing well," he said. "But what else can we do. I have yet to hear of a better idea."

By dissolving parliament for an election, Abe can clear the slate and once again reshuffle his Cabinet, said Michael Cucek, a Tokyo-based analyst and fellow at Temple University Japan.

(China Daily 11/19/2014 page11)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
米脂县| 景东| 宣化县| 丁青县| 林州市| 芦溪县| 安远县| 军事| 巴东县| 大港区| 旺苍县| 扎兰屯市| 玉龙| 驻马店市| 调兵山市| 康定县| 时尚| 绥中县| 慈溪市| 珠海市| 庄浪县| 鲜城| 安新县| 清流县| 威海市| 安福县| 滕州市| 沛县| 三河市| 平谷区| 汉源县| 彰化市| 凤翔县| 璧山县| 潢川县| 怀安县| 尤溪县| 海丰县| 历史| 齐齐哈尔市| 梁山县|