You are here

Panel urges Tokyo to levy delayed sales tax hike to balance budget

42059447 - 27_03_2017 - JAPAN-SALESFIGURES_.jpg
"The sales tax hike must be implemented. It is Japan's international commitment and indispensable to bring the primary budget into the black," said Sadayuki Sakakibara, council head and the chief of Keidanren, Japan's biggest business lobby.

Tokyo

JAPAN must not delay a sales tax hike scheduled for October 2019 as the revenue is needed to cover bulging social security costs and achieve the target of balancing the budget in four years, an advisory panel to Finance Minister Taro Aso said on Thursday.

The Fiscal System

sentifi.com

Market voices on:

Powered by GET.comGetCom