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Japan to spend revenue from tax hike on welfare

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The government will spend around 1.35 trillion yen on cash handouts for families with children and to help cover health-care costs.

Tokyo

JAPAN'S government agreed on Tuesday to use revenue from a sales tax increase to boost welfare spending in the coming fiscal year to help citizens in its rapidly ageing society cope with higher costs.

Prime Minister Shinzo Abe's government expects an additional 8 trillion yen

sentifi.com

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