Abe Vows to Spend ¥2 Trillion on Developing Japan's People (News)
Tokyo, Sept. 25 (Jiji Press)—Japanese Prime Minister Abe Shinzō said Monday that the government will compile by year-end a ¥2 trillion policy package for promoting a revolution in human-resource development.
The government plans to find financial resources for the program by reviewing how to use the revenue from the scheduled consumption tax rate hike from 8% to 10% in October 2019.
The promotion of a revolution in human-resource development will be a centerpiece in the campaign promises of Abe's ruling Liberal Democratic Party for the October 22 snap general election for the House of Representatives, the powerful lower chamber of the Diet. The prime minister on Monday announced his plan to dissolve the lower house at the start of an extraordinary Diet session on Thursday.
Under the new package, the government plans to make kindergarten and nursery school free of charge for children aged three to five. For low-income households, nurseries for children under three and tuition for university and other advanced education will also be free.
"We will substantially beef up grant-type scholarships and tuition waiver programs so that young people who are economically disadvantaged can concentrate on study," Abe said at a meeting of the Council on Economic and Fiscal Policy, announcing the planned ¥2 trillion package.[Copyright The Jiji Press, Ltd.]