Japan PM Abe: No plan now to postpone sales tax hike
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Japanese Prime Minister Shinzo Abe said on Monday he has no plans now to freeze or postpone a sales tax hike to 10 per cent from 8 per cent scheduled in April next year.
Speaking in parliament, Mr Abe also confirmed his previous remarks that it would not make sense to raise the sales tax if it hurts the economy enough to lead to a decrease in tax revenues.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
