Earlier in the day, four opposition parties, including the Democratic Party, the Japanese Communist Party, the Social Democratic Party and the People's Life Party filed a no-confidence resolution against Abe's Cabinet, saying the economic policy, dubbed Abenomics has failed and the prime minister is no longer qualified to rule the government.
One of the economic policy errors is that the consumption tax hike from 8 to 10 percent has been postponed for 2.5 years due to unfavorable economic conditions. The consumption tax hike was one of the main factors, proposed by the ruling coalition, to revive economy.
Besides, the opposition believes, that the ruling government pushed forward the adoption of self-defense law, which has enabled the country to deploy troops overseas for the first time since World War II and thus expands possibilities if using the army. Therefore, according to opposition leaders, the government is heading towards the constitutional change which seeks greater militarization of the country.
In 2012, Abe announced measures to revive economy, by halting stagnation, including introducing structural reforms, monetary easing and fiscal stimulus. The plan, dubbed Abenomics, was launched after Abe’s election in December 2013. The opposition has been holding that the plan is a failure.
