• Kyodo

  • SHARE

A close aide to Prime Minister Shinzo Abe on Thursday hinted at the possibility that the planned consumption tax hike to 10 percent from 8 percent in October could be delayed, depending on a key economic indicator to be released for June.

If the Bank of Japan’s tankan survey of business sentiment for June “shows a risky outlook,” Koichi Hagiuda, executive acting secretary-general of Abe’s Liberal Democratic Party, said during an online TV program. “We would not take the people toward a cliff. There could be a different development.”

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)