Aso signals new openness to introducing 50-year bonds

Business Nov 8, 2019

Aso signals new openness to introducing 50-year bonds

Finance Minister Taro Aso indicated a new openness to introducing 50-year government bonds, days after the country's central bank chief suggested such a move could be helpful. "This is one topic of our considerations," Aso told reporters Friday in Tokyo when asked about the potential ...

Japan begins compiling fiscal 2020 budget

Business Oct 3, 2019

Japan begins compiling fiscal 2020 budget

A subcommittee of the Fiscal System Council launched full-fledged discussions Thursday to compile the budget for fiscal 2020. The budget compilation work for the coming fiscal year, which starts in April, is the first of its kind since the Reiwa Era began May 1 with ...

Business Jul 3, 2019

Japan's tax revenue hit record ¥60.36 trillion in fiscal 2018

Tax revenue hit a record ¥60.36 trillion in fiscal 2018 on the back of higher wages and dividend payments, the Finance Ministry said Tuesday. Tax revenue in the year through March increased 2.7 percent from a year earlier, surpassing a government estimate of ¥59.93 trillion, ...