Tuesday 15 October 2013

Japan Diet starts 53-day session aim to pass bills to supplement "Abenomics"

The Diet will convene a 53-day extraordinary session Tuesday with Prime Minister Shinzo Abe aiming to pass bills to supplement his "Abenomics" policies to fight chronic deflation.

The session, which comes after Abe's ruling coalition regained full parliamentary control in July's House of Councillors election, will revolve around debates on policies such as encouraging companies to boost investment and streamline industries to make them more globally competitive.
Abe will also push ahead with a bill to set up a ministerial council to help quickly respond to foreign and security issues, apparently considering the security environment in Northeast Asia, where North Korea's nuclear and ballistic missile ambitions and the assertive maritime policy of China remain of concern.

Source: NewsOnJapan

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