Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Burkina Faso: Calls for probe into 1998 murder of journalist

Read more

IN THE PAPERS

All dogs may go to heaven after all

Read more

IN THE PAPERS

French MP's debate whether or not to recognize Palestine

Read more

MEDIAWATCH

Ferguson and race relations in the US

Read more

DEBATE

Hollande and Africa: French President Speaks to France 24

Read more

FOCUS

Thiaroye: a dark chapter in France and Senegal's common history

Read more

THE BUSINESS INTERVIEW

The 'Stagnation Trap', with Catherine Mann, Chief Economist at OECD

Read more

ENCORE!

'An American in Paris', a truly transatlantic collaboration

Read more

BUSINESS DAILY

Oil prices 'could fall further' without OPEC output cut

Read more

Prime minister unveils economic stimulus plan

Text by AFP

Latest update : 2008-10-31

Prime Minister Taro Aso has introduced a second plan to revive Japan's troubled economy and has put off calling for snap elections, saying he would like to give the new policies time to work.

Japanese Prime Minister Taro Aso signalled Thursday he did not intend to call elections immediately, saying he would like the public to have time to see the impact of his policies.
   
Aso on Thursday unveiled a second stimulus package aimed at reviving Asia's largest economy, which is teetering on recession. Media reports this week said Aso had decided to put off a snap election for now.
   
Asked about snap elections, he said: "I will decide in due time."
   
"The timing of the dissolution is linked to whether the extra budget will pass through the parliament or not," Aso said.
   
"I would like to ask for people's approval after seeing achievements of my policies," he said.
   
The ruling Liberal Democratic Party, which has been in power for all but 10 months since 1955, is struggling in opinion polls due to the economic slowdown and a slew of recent scandals.

Date created : 2008-10-30

COMMENT(S)