Second Akashi Great Council

Second Akashi Cabinet is the cabinet of Teiko formed after the 2015 Teiko national elections held in 26 November 2016. The second Akashi cabinet is the 40th generation cabinet assembled and is the current government of Teiko. The cabinet is expected to serve until 2022 after which Akashi is constitutionally barred to run for another term.

Background
The reelection of Akashi Seijuro enabled him to establish his second cabinet. Unlike presidential systems, appointment of the Minister of State does not require Teiko Royal Council confirmation.

Pre-inaugaration activities
After winning the national elections, Premier-elect Akashi hosted a press confernce in Rakuzan in 30 November 2015. He expressed his gratitude for the support that the Teikonians have shown. Akashi also explained that he will continue important reforms, siginficantly Akashinomics which has continued to stir the country's economic growth. He also mentioned that he will pursue new policies such as abolishment of death penalty, adjusment of corporate tax, educational reform and government structure reform. Akashi also pointed out a possible constitutional change within the next three years.

In December, Akashi announced most of the members of his second cabinet. The first meeting of the second Akashi cabinet occured in 14 December 2015.

Corporate tax enlargement
In 21 February 2016, Akashi announced that the Teiko National Bank and Ministry for Budget and Finance will be creating a research team that will focus on the increment of corporate tax.