Tag - primary-balance

 
 

PRIMARY BALANCE

BUSINESS / Economy
Jul 9, 2018
Government projects Japan far from achieving fiscal health goal by 2025
The government is far from achieving its target of running a primary balance surplus in fiscal 2025 despite increased tax revenue, the government's latest longer-term projections showed Monday.
BUSINESS
Jun 15, 2018
Tokyo pushes surplus goal forward to 2025 fiscal year in latest economic policy outline
The move could further fuel concerns over the long-term fiscal soundness of the already debt-ridden national coffers.
BUSINESS
Jun 5, 2018
Growth prioritized over fiscal health in government's draft economic plan
The Japanese government said Tuesday it is preparing fresh fiscal stimulus to ensure that an upcoming tax hike does not stall the economy, a move that has sparked concerns that the country is putting off improving its tattered finances.
BUSINESS
Jun 1, 2018
Japan considers scrapping social spending cap, casting doubt on its ability to tame the deficit
Japan looks set to surrender one of its most effective tools for curbing social spending as aging pushes up health, pension and elder care costs.
Japan Times
BUSINESS
Jun 9, 2017
Japan's latest economic road map focuses on investment in human resources, retains fiscal goal
The government endorsed a plan Friday to prioritize investment in human resource development to buttress Japan's economic growth and improve its tattered finances.
BUSINESS / FOCUS
Jan 29, 2017
2020 goal for fixing Japan's finances a tall order
Japan's goal to restore its fiscal health is still far off amid prospects for tepid economic growth and swelling spending on health, pensions and defense.
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.
BUSINESS / Economy
Jan 21, 2016
Government projects larger primary deficit of ¥6.5 trillion in fiscal 2020
The government is expecting a bigger than predicted primary deficit of ¥6.5 trillion ($55.6 billion) in fiscal 2020, reflecting the effects of a planned exemption of food items from a sales tax hike, Cabinet Office estimates showed Thursday.
JAPAN / Politics
Jun 23, 2015
Abe government to continue efforts to curb rise in social security spending
Efforts to curb rising social security spending and rehabilitate tattered government finances should continue at the same level as the last three years until fiscal 2018, according to a draft of the Abe administration's fiscal and economic policy blueprint.
BUSINESS
Apr 9, 2015
Diet enacts record ¥96.34 trillion budget
The Diet enacts a record u00a596.34 trillion budget for fiscal 2015 to achieve economic recovery while pursuing fiscal rehabilitation.
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.
BUSINESS / Economy
Sep 9, 2014
Abe needs more stimulus to raise sales tax, adviser Itoh says
The administration should consider a supplementary budget this year and will need to add stimulus for the economy to weather the planned increase in the consumption tax in 2015, according to Motoshige Itoh, a member of an advisory panel to Prime Minister Shinzo Abe.
BUSINESS / Economy
Jul 20, 2014
Japan to miss 2020 budget surplus goal regardless of sales tax hikes
Japan is unlikely to meet its international commitment to achieve a government budget surplus by fiscal 2020, even if it proceeds with another consumption tax increase, sources said Saturday.
BUSINESS / Economy
Aug 8, 2013
Japan unlikely to achieve debt reduction goal in 2020: Cabinet Office
The government is unlikely to achieve its target of budget deficit reduction in fiscal 2020 even if the sales tax is hiked as scheduled and the economy is on a firm growth path, an estimate by the Cabinet Office showed Thursday.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on