You are here

Abe tries to delay balancing budget without spooking markets, G-20 partners

Mr Abe must decide whether to go ahead with the tax hike by mid-next year - around the time he could call a general election.


JAPANESE premier Shinzo Abe is looking to quietly ditch a pledge to balance the budget by fiscal 2020 in favour of a looser debt-to-GDP ratio target, a move that gives him a free hand to delay again an unpopular sales tax hike, government sources say.

Any fiscal slippage...

Market voices on: