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IMF urges Japan to proceed with second sales tax hike

Credibility of the country's fiscal framework would be maintained

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The Japanese government is due to decide by year-end whether to go ahead with a further increase in sales tax to 10 per cent next year.

Tokyo

JAPAN should go ahead with a second sales tax hike next year in order to maintain credibility of its fiscal framework, an International Monetary Fund (IMF) official said on Thursday.

"Going ahead with the tax (hike) is very important," said Roberto Guimaraes-Filho, deputy

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