Japan PM goes ahead with sales tax hike


TOKYO: Japan's prime minister vowed Tuesday to press ahead with a sales tax hike seen as crucial to shrinking a huge national debt, although critics fear it would derail a budding economic recovery.

The move marks a big political gamble for Shinzo Abe – previous hikes have proved career-ending for his predecessors – with the 59-year-old leader expected later Tuesday to spell out details of a stimulus package aimed at softening the blow.

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Japan , economy , sales tax , hike , Abe

   

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