Japan PM Says Bond Funding for Consumption Tax Cut Not Ruled Out
Prime Minister Sanae Takaichi said the government would not rule out issuing bonds to fund a two-year consumption tax cut scheduled to begin in April next year.
Japanese Prime Minister Sanae Takaichi said on Monday that issuing bonds to finance a two-year reduction in the country’s consumption tax, scheduled to begin in April next year, remained an option. The government will seek to steadily reduce the debt-balance-to-gross-domestic-product ratio…