BEIJING, Oct. 5 (Xinhuanet) -- Japan is scheduled to convene a 53-day diet or parliament session starting from October 15th. Prime Minister Shinzo Abe will unveil more measures to sustain the economic recovery after announcing that hike in sales taxes. There are also other issues, such as diplomacy and energy policies that are expected to be debated in this latest session.
With the recent decision to raise the consumption tax next April. The true value of the Abe administration will be put to the test.
Realizing economic recovery and fiscal rehabilitation is high on public interest. Together with slow moving Nuclear and diplomatic agenda.
"I want to see Mr. Abe continue with the economic measures, consumption tax might affect the recovery." Japanese citizen said.
Prime Minister Abe reassures that impact would be minimum
"Even if we raise the consumption tax, I believe that implementation of the economic package can alleviate its impact and Japanese economy will return to its path of growth at an early interval." Shinzo Abe said.
Analysts believe that Abe will concentrate on his economic policies until the recovery gains sustainable momentum. That is where the public support lies and he would need that support to tackle the other bitter issues.
"Farmers in particular have strong interest in what Shinzo Abe will outline in his future policy. In Fukushima sales of agriculture products are suffering from impacts of nuclear disaster and nationwide, farmers are worried of demerits from the TPP negotiations."
Shinzo Abe needs to restart some of the dormant nuclear power plants to support the recovering Japanese industries. Enacting the Industry Competitiveness Enhancement Bill is top of his agenda.
TPP and Trade negotiations are essential part of Abe’s economic strategy, despite strong domestic opposition.
On the international interest, analysts’ say Shinzo Abe is expected to be subtle on the stalled diplomacy with Japan’s neighbors and nationalistic agenda.
"For Japan, China is a biggest trade partner, and plays an important role in regional matters. Shinzo Abe is waiting for appropriate timing to start a dialogue and until then he will try to minimize upsetting its neighbors." Tomoaki Iwai, Professor of Nihon University said.
After growing domestic and international criticism for his nationalistic comments. Experts believe that Abe will tone down until an appropriate timing.
"Majority of Japanese agree on changing the constitution, but when it comes to article 96 and article 9 majority oppose for its implication. So he would not want to rush and will use the full three years he has to work on." Tomoaki Iwai said.
Prime Minister Shinzo Abe is expected to deliver his policy speech at the start of the upcoming diet session. Economic policies are very much expected but it seems the interest is on how deep he will outline his non-economic policies.
(Source: CNTV.cn)
