Aso to tell G-7 Japan is committed to fiscal consolidation
[TOKYO] Finance Minister Taro Aso said on Friday he would tell Group of Seven finance chiefs next week that Japan aims to balance its primary budget by fiscal 2020.
Mr Aso said it is important to convey Japan's commitment to fiscal consolidation at the G-7 gathering in Dresden, Germany, to maintain market trust in the country's debt management.
The G-7 finance chiefs are likely to discuss issues such as Ukraine, Greece and Islamic State at the meeting, he added.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB likely to benefit more
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet