Japanese Prime Minister Shinzo Abe
Tokyo … News Time
Japan’s Prime Minister Shinzo Abe says that the purpose of making their general election is to get public mandate on issues like the use of additional tax revenues. It is clear that the user’s tax increase will be in October 2019. Japan’s Prime Minister Shinzo Abe announced on Monday that the parliamentarians will dissolve on Thursday. Now it is likely that the vote for the general elections will be on October 22. Opposition parties are showing serious reaction over the times of dissolution of the house. However, ruling parties and opposition, both are constantly working to form electoral promises and choose their candidates. Shinzo Abe has said that the user wants to increase the tax revenue by 10 percent to apply their own project to invest in human resources. He said that approximately 40 billion yen of additional income was to be allocated for the public debt return, he said. However, he has decided that some part of it should be done only to increase the support of the parents who raise their children. He referred to the government’s target to eradicate primary balance by the financial year 2020. He expressed his determination that his government would continue to maintain financial stability.
