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Cracks appearing between Japanese premier, BOJ chief over fiscal target

Kuroda feels Japan cannot afford to delay tax hikes, while Abe focuses more on boosting growth to up tax revenues

Published Sun, Mar 22, 2015 · 09:50 PM

Tokyo

A RIFT is emerging between Prime Minister Shinzo Abe and his hand- picked central bank boss on how to fix Japan's tattered finances, which could blunt the impact of the "Abenomics" stimulus policies they have worked together to prosecute.

Two years into Bank of Japan (BOJ) governor Haruhiko Kuroda's tenure, the cracks are becoming hard to conceal and could affect the timing of any further monetary easing and an eventual end to the massive money- printing programme he set in train.

Their differences over fiscal policy needed …

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