• Kyodo

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The government will start working on a new fiscal rehabilitation plan this month after Prime Minister Shinzo Abe gutted the previous one by pausing the doubling of the consumption tax last year, sources close to the matter said.

The plan will again put emphasis on economic growth to boost tax revenues and include details on how it will achieve its long-held fiscal reform goal of turning Japan’s primary balance into a surplus by fiscal 2020, they said Friday.

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