Japan's annual strategy review says necessary to go ahead with 2019 sales tax hike

Headlines via Reuters

  • Pledges to return to primary budget surplus in fiscal year 2025

Looks like there may not be a delay to the nationwide sales tax hike next year. It is a contentious topic among Japanese lawmakers and officials as the last sales tax hike in 2014 saw a much larger reaction than expected towards the Japanese economy - which prompted a technical recession in the quarters after.

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