Why Japans Abe Called Off a Planned Sales-Tax Increase

The video discusses Abby's decision to call a snap election and delay the sales tax hike in Japan. This move aims to gain public support for fiscal policies while avoiding fiscal contraction. The discussion highlights the importance of structural reforms, which are politically challenging but necessary for economic stability. The video concludes with a positive outlook on Abby's political mandate and future plans.

What are the challenges mentioned regarding structural reforms?

What is the significance of the fresh mandate mentioned in the text?