Posters of Japanese Prime Minister Shinzo Abe seen during the election campaign for the Tokyo Metropolitan Assembly on July 1, 2017 in Tokyo, Japan.
Richard Atrero de Guzman | NurPhoto | Getty Images
Japanese Prime Minister Shinzo Abe on Monday ordered his cabinet to compile new economic stimulus measures in a package worth around 2 trillion ($17.80 billion) by the end of the year.
Speaking at a meeting with his top advisory panel, Abe said the package should focus on subsidising education, child-care costs, and on boosting corporate investments to improve productivity.
Abe is expected to announce a snap election later on Monday to take advantage of improved ratings and disorganized opposition parties, and the stimulus package could be a way to lure voters during the election campaign.
