Abb Takk News

Japan’s Abe Vows To Rewrite Constitution In His 3rd Term

Tokyo(September 14, 2018): Japanese Prime Minister Shinzo Abe on Monday repeated his vow to revise the Constitution to clear up any doubts over the legality of the Self-Defence Force (SDF), were he to win another three years at the helm of the Liberal Democratic Party (LDP).

He also pledged to go ahead with a planned consumption tax hike to 10 percent from 8 percent in October next year, which has already put off twice since the last increase in 2014 triggered a recession.

This is so as to fund social security policies while the government pursues efforts to achieve a primary balance surplus by fiscal 2021.