Japan's Abe expected to announce snap poll Monday


Abe will also tell his cabinet to compile a 2 trillion yen ($17.80 billion) economic package by year-end, composed mostly of spending on child care and education, to cover the three years from April 2018 until sales tax revenue kicks in, the Yomiuri newspaper reported on Monday.

TOKYO: Japanese Prime Minister Shinzo Abe is expected on Monday to announce a snap election for next month to take advantage of improved ratings and opposition disarray, despite criticism that he is creating a political vacuum amid worries over North Korea.

Abe is expected to hold a news conference after meeting party executives and will likely put pledges to spend on education and child care, stay tough on North Korea and revise the constitution at the forefront of his campaign.

Abe, whose ratings have risen to around 50 percent from around 30 percent in July, is betting his ruling bloc can keep its lower house majority even if they lose the two-thirds "super majority" needed to achieve his long-held goal of revising the post-war pacifist Constitution to clarify the military's role.

A weekend survey by the Nikkei business daily survey showed 44 percent of voters planned to vote for Abe's Liberal Democratic Party (LDP) versus 8 percent for the main opposition Democratic Party. That was higher than the 27.7 percent a Kyodo news agency survey showed voting for Abe's party, with 42.2 percent undecided. [L4N1M506P]

Abe's image as a strong leader has bolstered his ratings amid rising regional tensions over North Korea's nuclear arms and missile programmes and overshadowed opposition criticism of the premier for suspected cronyism scandals that had eroded his support.

Ruling Liberal Democratic Party senior official Koichi Hagiuda on Sunday brushed off concerns about a political vacuum during the election campaign.

"Even if there is a contingency during the election, I am confident that we can respond properly," Hagiuda said on public broadcaster NHK.

Opposition party officials have said calling an election would be an attempt by Abe to dodge questioning over the cronyism scandals in a session of parliament set to begin on Thursday. Abe is expected to dissolve the chamber that same day.

Sources have said Abe's election platform will see him promise to go ahead with a planned rise in the national sales tax to 10 percent from 8 percent in 2019 but increase the proportion of revenue spent on child care and education, delaying a target of putting the budget in the black in the fiscal year ending March 2021.

Abe will also tell his cabinet to compile a 2 trillion yen ($17.80 billion) economic package by year-end, composed mostly of spending on child care and education, to cover the three years from April 2018 until sales tax revenue kicks in, the Yomiuri newspaper reported on Monday.

An LDP internal survey showed seats held by the LDP and its coalition partner Komeito could fall to 280 from the 323 they now hold, the Nikkei reported on Saturday. Reforms enacted last year will cut the number of lower house seats to 465 from 475.

The main opposition Democratic Party is struggling with single-digit ratings while a new conservative party expected to be launched this week by allies of popular Tokyo Governor Yuriko Koike is racing to get ready for the vote. - Reuters

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Japan , rating , Abe , elections , sales tax , eduation , child care , tax ,

Next In Business News

Wall St set to open lower as soaring oil prices, Fed caution rattle�investors
Teamstar acquires semi-detached factory for RM7.38mil
Maybulk, Eonmetall and Leader Steel sell Kapar land for RM687.9mil for IT infrastructure project
Ringgit eases against greenback after US Fed keeps interest rates unchanged
Tunku Tun Aminah made Berjaya Property chair
Sorento Capital eyes transfer to Main Market by 3Q26
Bank Negara's international reserves dip to US$128.1bil
MCB disposes of land in Selangor for RM57mil
Kenanga Investment Bank ups stake in KDX to 81.70%
Poh Kong expects gold’s bull trend to continue into 2026

Others Also Read