Japanese hope Abe new cabinet focuses on economic recovery

CCTV News

Japanese hope Abe new cabinet focuses on economic recovery

Japan’s prime minister Shinzo Abe has announced a cabinet re-shuffle. Abe is faced with the challenge of trying to revitalize the country’s stagnant economy.

CCTV’s Terrence Terashima reports.

Japanese hope Abe new cabinet focuses on economic recovery

Japanese hope Abe new cabinet focuses on economic recovery

apan’s prime minister Shinzo Abe has announced a cabinet re-shuffle. Abe is faced with the challenge of trying to revitalize the country’s stagnant economy. CCTV’s Terrence Terashima reports.

Securing a clear majority in the upper house election was a much needed victory for Prime Minister Shinzo Abe. Abe called it a public endorsement for his policies. In particular for the Abenomics, the economic policy to stimulate Japan’s economic recovery. 

However, many Japanese are concerned that, Abe’s focus may shift from the economic recovery, after securing the two-thirds majority in both houses, enough to start Abe’s long desired constitution revision.

“We did entrusted the government to the Liberal Democratic Party, but I think they are doing a number of unnecessary things, like seeking to change the constitution. They said there will be national referendum but it’s been very ambiguous and nothing Has been explained to the public,” said a Japanese office worker.

Public interests are on the economy and welfare, many hope Abe administration will focus on nothing else 

Many distrusted number of Abe’s other policies, which is reflected in two ministers losing their seats in Fukushima and Okinawa. Mirroring the controversial nuclear policy and the U.S base issues many have opposed. 

Public are eager to see the new cabinet that Shinzo Abe is due to announce on Wednesday, which will show what priorities Abe will place in the next cabinet. 

According to the recent public survey, majority of Japanese wants Prime Minister Abe to focus on economic recovery and welfare issues. Despite Abe’s confidence that the economic recovery is on track, majority said they have not felt the benefits of the recovery and due to the grim global economic outlook, there are still concerns that future recovery may remain stagnant. Analysts said to regain consumer and public confidence; Abe must show a concrete economic policy to boost Japan’s economy back on recovery tract.