News Formal

Japan Finance Minister Suzuki rules out extra debt issuance for defence plan

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

TOKYO : Japan's government is not considering issuing extra bonds to cover a planned increase in defence spending, Finance Minister Shunichi Suzuki said on Friday, pledging to remain fiscally disciplined.Suzuki told reporters after the cabinet approved the defence build-up plans that the increase in defen

TOKYO : Japan's government is not considering issuing extra bonds to cover a planned increase in defence spending, Finance Minister Shunichi Suzuki said on Friday, pledging to remain fiscally disciplined.

Suzuki told reporters after the cabinet approved the defence build-up plans that the increase in defence budget spending marks a"historic turning point". He said just 6 per cent of all Japanese firms will be subjected to planned tax hikes to cover the increased spending, as the government keeps in mind the severe economic situation facing corporations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea authorities to continue efforts to stabilise markets -finance ministerSEOUL : South Korea's finance minister said on Thursday that local financial markets have comparably stabilised recently, while reaffirming that authorities will continue to take measures for the markets to further stabilise. Finance Minister Choo Kyung-ho said authorities will continue to proactively sup
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Senate Bill would bar China’s Huawei from US finance systemThe legislation comes amid broad support in Washington for finding ways to curb China’s influence. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »