Report
TOE Alert: Abe Facing Down MOF-BOJ Over Tax Delay
posted by Richard Katz on November 14, 2014
Found in Japan, categorized in Growth Outlook and Business Cycle
Report Cover
Headline
The MOF may also want Abe’s commitment to some limit on spending as well as clear measures to reach the current goal of a balance in the primary budget (i.e., everything except interest payments) by 2020.
Abstract
From everything we hear, Abe is determined not only to call the early elections we discussed in our Nov. 11 Alert, but he is equally determined to postpone the next hike in the consumption tax from October 2015. Most likely he will postpone it until April 2017.