( CNN ) -- As the new Japanese government of Shinzo Abe unleashes a new round of stimulus for the ailing economy , a Tokyo restaurateur has thrown his support behind the new government -- but it comes with a resigned sigh that seems to mark most leadership changes in the world 's third largest economy . `` I voted for Abe and the Liberal Democratic Party , '' says Shigeki Koshiba , chef and owner of Hainan Jeefan Shokudo , a restaurant that specializes in Singaporean food . `` I decided to give them another chance . I give these guys a last chance . '' Japan starts the new year under its seventh prime minister in seven years and a return to power for Abe 's Liberal Democratic Party . The list of challenges for Abe -- who was previously prime minister in 2006-2007 -- is long and familiar : Deflation , the strong yen , an aging population and an expensive country in which to live . All of this existed well before the damage from the tsunami , earthquake and nuclear disaster in March 2011 . CNNMoney : Japan unveils $ 117 billion stimulus package . During the recent campaign , Abe promised more stimulus spending even though Japan 's debt to GDP ratio is estimated at 236 % , according to recent International Monetary Fund projections . That 's the highest debt level in the developed world . On Friday , he made good on that promise as the government unveiled a $ 117 billion fiscal stimulus package in a bid to boost growth . `` Abenomics '' is the nickname given to the prime minister 's push for more quantitative easing from the Bank of Japan and a doubling of the inflation rate to 2 % . `` Abenomics is not just about the central bank . It is about coordinating policy which is something here in Japan we have not had in basically five or six years , '' Jesper Koll , head of Japan Equities at JP Morgan , tells CNN . Koll says the acceleration of both fiscal and monetary policy is key . `` That 's where the good news is going to be coming from in Japan the next six to nine months . '' Read more : Waiting for Japan 's election : Could the 'Abe trade ' be justified ? But Yonghao Pu , UBS Chief Investment Strategist for Asia-Pacific , says more stimulus is not as simple as it sounds . `` That 's the trick question . If you print a lot more money , you 're more likely to have inflation than deflation . On the positive side , quantitative easing can reduce deflation , '' he said . `` But if you have inflation come back , the investors ( in Japanese government bonds ) are not going to be happy with 2 % inflation because the net return will be negative 1 % . So they ( Abe ) can not overdo it . '' Restaurant owner Koshiba and his brother-in-law -- Paul Yang , the CEO of Delta Capital , a real estate development company -- will watch the political leadership with a wary eye . Read more : Shinzo Abe : The answer to ailing Japan 's problems ? Yang says the biggest problem in Japan is the lack of innovation in big business . Corporate tax is 40 % which drives many foreign businesses out . He says the government needs to offer more incentives for companies to stay in Japan . His own development company is getting creative by moving away from traditional business models . Delta Capital is talking to Japanese universities about leasing their land , building dormitories and managing them . `` We 're trying to stay away from buying land and we 're borrowing land instead , '' Yang says . He believes Japan 's complex rules make leasing a better option . `` It 's economically more viable because yields and returns are so much better if you do n't have to buy the land . We 're trying to create a new real estate asset class . '' Koshiba 's restaurant is casual and the average lunch costs $ 10 . `` We do n't feel the economy slowing down because business is constant . For me and a lot of my restaurant friends , turnover is not bad . '' But he keeps his eye on the cost of electricity . Since the nuclear crisis at Fukushima , the cost of power has increased . Koshiba now has to pay $ 600 more per month at his two restaurant locations . He 's also watching the yen which has weakened significantly since Abe called for more stimulus in November . While a weaker yen helps exporters by making their products cheaper overseas , it can have an adverse affect on businesses like restaurants and supermarkets that need to buy imports . `` It depends how long the yen weakening lasts . A lot of food stuff is imported from outside , '' says Koshiba . `` There 's always a time lag . If this ( weakening yen ) continues , it 'll affect a lot of people . ''
Japan unveiled a $ 100 billion fiscal stimulus on 2016 in order to boost growth . New Prime Minister Shinzo Abe has promised aggressive action on recessionary economy . Abe is the seventh prime minister in seven years to confront Japan 's economic woes . Analyst : ` ` Good news is expected to be coming from in Japan the next six to nine months ''