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Japan Government Denies PM Abe to Delay Sales Tax Hike, Decision Expected After June

  • Japan’s government spokesman denies report of PM Abe delaying sales tax hike
  • Yomiuri newspaper reported Abe told coalition partner about decision
  • Chief Cabinet Secretary Suga denies any such decision was made
  • Abe expected to announce tax hike delay after parliamentary session ends
  • Government scheduled to raise sales tax to 10% from 8% in April next year
  • Some proponents of Abenomics program now urging Abe to implement tax rise and offset harm with big spending policy

Source: reuters.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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