Japan PM Takaichi says not ruling out a sales tax cut ... in the future

  • No sales tax cut in Japan any time soon, the government needs the revenue
Sanae Takaichi

Japan PM Takaichi:

  • Not ruling out sales tax cut as option in future, but immediate priority is to compile package of steps to cushion blow from rising cost of living
  • Changing sales tax rate would take time, so decision on whether to do so would need to take into account wage, inflation levels at the time

Japan's government will need all the revenue it can get to fund the stimulus the new PM is planning.

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