Tax cuts, dance hall deregulation aim to set Japan swinging


The third arrow in Abe's attempt at pulling the Japanese economy out of decades of slump - through reforms aimed at boosting Japan's long-term economic performance - is being viewed as timid and hesitant, leading some to call it a dart rather than an arrow - AFP Photo.

TOKYO: Japanese Prime Minister Shinzo Abe is set to unveil measures ranging from phased corporate tax cuts and public pension reforms to proposed dance hall deregulation, but the latest salvo from his three-pronged strategy for economic revival may disappoint some investors urging more radical steps.

Abe, who took office 18 months ago pledging to end persistent deflation and generate sustainable growth with a trifecta of monetary, fiscal and reform steps, will on Tuesday deliver the latest instalment of his so-called "Third Arrow" of long-term economic policies.

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