Japan expected to compile next econ stimulus in fall


Support for Abe has fallen due to dissatisfaction with his handling of the pandemic, his attempt to extend top prosecutors' retirement age, an arrest of an ex-justice minister and suspicions of wasteful public spending in programmes to support tourism and small companies. Amid deepening damage to his popularity, there has been some speculation Abe may call a snap election.

TOKYO: Japan is expected to compile a stimulus package to boost the economy in the autumn, as its previous two packages were aimed at preventing firms and households from bankruptcy amid the coronavirus pandemic, a close ally of Prime Minister Shinzo Abe said.

Akira Amari, head of the ruling Liberal Democratic Party's tax panel, said in an interview with Reuters on Monday that it was not out of the question that Abe could call a snap election this fall before his term as the premier ends next September.

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