Abenomics rolls on in Japan’s post-election budget

Despite the budget stimulus and the implementation of QE, global investors have doubts that Shinzo Abe will undertake the politically fraught third arrow of Abenomics.

Following last month’s snap election victory by Prime Minister Shinzo Abe’s ruling Liberal Democratic Party, Japan’s Cabinet has just approved a national budget of ¥96.34 trillion, the largest ever.

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