Home Japan’s Aso: Fiscal situation will deteriorate further ahead as tax revenue will likely decline

Japan’s Aso: Fiscal situation will deteriorate further ahead as tax revenue will likely decline

Updated: 29 May. 2020 | 04:27

Speaking to reporters on Friday, Japanese Finance Minister Taro Aso said that the country’s fiscal situation will deteriorate further ahead as tax revenue will likely decline.

Additional quotes

“We must aim for tax revenue increase by reviving the economy, not by tax hikes.”

“The jobless rate will likely worsen in May.”

more to come …

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