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Japan to spend revenue from tax hike on welfare
Published Tue, Jan 13, 2015 · 09:50 PM
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Tokyo
JAPAN'S government agreed on Tuesday to use revenue from a sales tax increase to boost welfare spending in the coming fiscal year to help citizens in its rapidly ageing society cope with higher costs.
Prime Minister Shinzo Abe's government expects an additional 8 trillion yen (S$90.19 billion) in tax revenue for the next …
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