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Abe launches next stage of reforms with vow to boost output by 22%

Shinzo Abe has vowed to boost the size of Japan’s economy from Y491tn ($4tn) to Y600tn and said his programme of reforms was entering a

second stage.

The Japanese prime minister was speaking after his Liberal Democratic party elected him, unopposed, to a second three-year term as its leader, making him one of the few postwar premiers to head a durable government.

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