Japan’s Abe vows to keep focus on economy after big election win

by
July 22, 2013

TOKYO | Japanese Prime Minister Shinzo Abe, fresh from a strong election victory, vowed on Monday to stay focused on reviving the stagnant economy and sought to counter suspicions he might instead shift emphasis to his nationalist agenda.

The victory in parliament’s upper house election on Sunday cemented Abe’s hold on power and gave him a stronger mandate for his prescription for reviving the world’s third-biggest economy.

At the same time, it could also give lawmakers in his Liberal Democratic Party (LDP), some with little appetite for painful but vital reforms, more clout to resist change.

“If we retreat from reforms and return to the old Liberal Democratic Party, we will lose the confidence of the people,” Abe told a news conference on Monday.

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