IMF urges Japan to proceed with second sales tax hike
Credibility of the country's fiscal framework would be maintained
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
JAPAN should go ahead with a second sales tax hike next year in order to maintain credibility of its fiscal framework, an International Monetary Fund (IMF) official said on Thursday.
"Going ahead with the tax (hike) is very important," said Roberto Guimaraes-Filho, deputy division chief of the Regional Studies Division at the IMF's Asia Pacific Department.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
