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Japan won't meet its fiscal discipline target in 2020

Thursday, July 23, 2015 - 05:50
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Consumer price inflation is expected to accelerate to 1.6 per cent in fiscal 2016, partly as economic growth picks up

Tokyo

JAPAN'S government said on Wednesday that it will not achieve its target of returning to a primary budget surplus in fiscal 2020, suggesting further steps will be needed to boost revenue and lower spending.

The target is considered an important checkpoint for Japan as it

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