Japan's Prime Minister Announces $ 17.8 Billion Economic stimulus package

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Shinzo Abe, Prime Minister of Japan, who visited NY to attend the 72nd United Nations General Assembly, held a summit meeting with the heads of state of African countries mainly those are members of the UN Security Council.

In a national address Monday, Abe said he'll dissolve parliament's lower house on Thursday to "seek the mandate of the people immediately". "Because of the situation that we now face, I want to hold an election in order to ask the public to make a decision on how the North Korean issue should be dealt with".

Before this summer's North Korean fireworks, Mr Abe looked like a politician in eclipse: a exhausted figure, five years in power, short on fresh ideas and battered by a series of scandals.

Japanese Prime Minister Shinzo Abe signs a guest book on the sidelines of the 72nd United Nations General Assembly.


According to the latest poll conducted by The Nikkei & TV Tokyo between 25 and 27 August, Abe's Liberal Democratic party have a 34% lead over closest rivals the Democratic party.

"Can we continue letting (the existing lawmakers) handle politics?"

In contrast, China and Russian Federation have called repeatedly for a return to global diplomacy and talks with North Korea to resolve the crisis over Pyongyang's weapons programs.

"Japan is facing a hard time considering the situation in North Korea".


Mr Yamaguchi said he had not discussed with Abe a specific goal for the election, but they "would need to at least secure a majority as the ruling coalition in order to maintain this administration".

Some critics say that Abe has risked creating a political vacuum at a time when geo-political tensions over North Korea are rising. "It would take a major scandal to derail the Abe express", he said.

As one of his policies, Abe announced a ¥2trn stimulus package on social spending and education, which will be paid for through his promise to raise consumption tax from 8% to 10% as planned in 2019, according to the BBC.

At the UN, Swedish Prime Minister Stefan Lofven also voiced concern over Mr Trump's bellicose tone and urged dialogue in tandem with sanctions.


"We must prevent the goods, funds, people, and technology necessary for nuclear and missile development from heading to North Korea", he said.

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