Japan’s Aso: Will proceed with policy on assumption sales tax will go ahead

Japanese Finance Minister Taro Aso said on Monday that the government will proceed with policy on assumption that the sales tax will be raised to 10% in October this year. 

The previous tax increase from 5% to 8% in April 2014 had hit consumers hard and triggered economic slowdown. 

Aso added further that the economic fundamentals are firm and consumption is expected to keep rising. 

Articles You May Like

S&P index approaches key resistance target
Oil: Brent eyeing $40 by year-end – OCBC
Forex Trading Beginners to Advanced Malayalam Series | Intro to basic Part 1
EUR/USD drops to fresh four-day lows below 1.0900
LIVE Forex Trading – LONDON, Mon, May, 25th (Free Education)

Leave a Reply

Your email address will not be published. Required fields are marked *