Formally re-elected head of the ruling party, Prime Minister Shinzo Abe said Thursday he has set out three new goals for "Abenomics" and will target a 20 percent increase in gross domestic product to ¥600 trillion.
The three new economic policy goals include: promotion of economic growth, child-rearing assistance to push up the low birth rate and social security measures to increase nursing facilities for the elderly.
Earlier in the day, the Liberal Democratic Party held a special meeting for Diet members at party headquarters, where Abe was re-elected LDP president for three more years.
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