Japan's Suga: Situation after Kyushu quakes not like post-March 2011

Published Wed, Apr 20, 2016 · 03:27 AM
Share this article.

[TOKYO] Japan's top government spokesman said on Wednesday conditions following the deadly earthquakes in the southern island of Kyushu this month were not similar to the situation after the natural disasters in March 2011.

Chief Cabinet Secretary Yoshihide Suga has repeatedly said the government would raise the sales tax as planned next April barring a major financial crisis or natural disasters on the scale of the earthquakes and tsunamis in 2011.

Mr Suga also said the government has never considered raising the sales tax in stages, by one percentage point at a time, after the ruling Liberal Democratic Party's policy chief said in an interview with the Nikkei business daily that the government could consider such a move if the economy was not strong enough to endure a bigger rise.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here