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Japan PM to vow strong economy, defense


October 14. 2013 9:36PM
Associated Press

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(AP) Prime Minister Shinzo Abe is set to pledge more economic measures to fully pull Japan out of deflation when he gives a speech opening Parliament.


His speech Tuesday will push further deregulation, reforms and other steps to encourage household spending and investment, including some aimed to offset the impact of the consumption tax increase in April to 8 percent from the current 5 percent.


Abe will also propose controversial plans to boost national security and participation in international peacekeeping effort.


The Parliament resumes after a recess following July's sweeping upper house election victory by Abe's ruling party that gave his coalition bloc the majority in both houses, lowering hurdles for his government to pass key legislation.


Associated Press


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