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Japan’s Aso: Not considering tax hike immediately to pay for costs of covid response

Published date: 18 Nov. 2020 | 04:27

The Japanese government is not planning for an immediate tax hike to offset the costs of the coronavirus response, Finance Minister Taro Aso said in a news briefing on Wednesday.

Additional quotes

“Won’t turn Japan into an experiment field for modern monetary theory.”

“Subsidies for restructuring regional banks is one option under consideration.”

more to come …

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