Business / Economy Jul 22, 2016

Japan's fiscal health likely to worsen after tax hike delay

The government is likely to project a deteriorating primary balance deficit in fiscal 2018 after delaying the second stage of a consumption tax hike, government sources said Friday. The hike, earlier planned for April, will now take place in October 2019. Cabinet Office projections due to ...

Business Jan 10, 2015

Brainstorming to begin on new fiscal reform plan

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 ...