Japan PM Takaichi says won't resort to debt issuance to fund sales tax suspension on food


  • Will examine the schedule and funding of plan to suspend sales tax on food by two years
  • Will not resort to debt issuance to fund suspension of sales tax on food
  • To seek the such measures at the earliest date possible by securing non-tax revenues, reviews to subsidies
  • Must pull Japan out of excessively tight fiscal policy state
  • A more proactive fiscal policy will be a key component of the administration’s policy transition

More to come..

This article was written by Justin Low at investinglive.com.



Source link

Categories:

Leave a Reply

Your email address will not be published. Required fields are marked *

Update cookies preferences