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Japan puts focus on growth to repair finances

Wednesday, May 13, 2015 - 05:50
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A shopper in Tokyo's Sugamo Jizo-dori area. The growth targets in the government's plan can be achieved, economists say. But the bigger concern is that by shifting the debate to growth, spending cuts will be left behind.

Tokyo

JAPAN's government shifted focus on Tuesday to boosting economic growth and tax revenues to repair public finances, increasing concerns the government will shy away from painful and unpopular spending cuts.

The change in policy came after a meeting of the government's top