Abe Weighs Stimulus Package Before Japan Summer Vote, NHK Says
- Prime minister brushed off speculation of stimulus on Tuesday
- Abe reiterates it would require big shock to delay tax rise
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Just a day after parliament passed a record budget for the fiscal year starting April 1, Japanese Prime Minister Shinzo Abe said he was considering a new economic stimulus package ahead of elections this summer, public broadcaster NHK reported Wednesday.
Abe made the remarks to Natsuo Yamaguchi, head of junior coalition partner Komeito, NHK said, without saying where it got the information. Abe on Tuesday brushed off suggestions that the government would announce stimulus steps -- which some members of his own party said could amount to as much as 10 trillion yen ($89 billion).