11 Hrs
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وكالة الأنباء القطرية
Japan PM commits to tax cut without new bonds
Prime Minister Sanae Takaiichi of Japan focused on her promise to reduce the consumption tax on food products from 8% to 1% for two years starting in April, without issuing new bonds, in order to boost market confidence and assist households affected by inflation. She affirmed that the government will secure the necessary funding for this measure without increasing public debt, reflecting her commitment to maintaining Japan's financial stability, which is currently in the worst state among the G7 countries. She also emphasized the importance of boosting investment in areas such as economic security, cyber defense, and artificial intelligence technologies as part of a five-year plan to strengthen the national economy.
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