Japan to explain need for planned tax hike to G-20 members

Published Thu, Jun 6, 2019 · 07:45 AM

[TOKYO] Japan will explain to G-20 members its plan to proceed with a planned sales tax hike in order to fund social security for all generations, the top government spokesman said on Thursday.

Japan's economy is underpinned firmly by fundamentals that support domestic demand, Chief Cabinet Secretary Yoshihide Suga told a regular news conference, adding that Tokyo would roll out offsetting measures as planned to ease the impact of the higher levy.

REUTERS

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International

International

Japan to explain need for planned tax hike to G-20 members

International

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Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

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Central banks will probably only cut half as much as they hiked

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