Global Economy
Japan PM Takaichi Summary of Comments
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Ruling coalition with Ishin Party will continue. PM Takaichi pledges to work hard on a sales tax cut, saying it was a campaign promise. Japan will place strong importance on fiscal sustainability. PM Takaichi commits to responsible and proactive fiscal policy going forward. Goal is to build a resilient country against foreign exchange swings. PM Takaichi notes the weak yen has both merits and demerits. If the government council approves a sales tax cut, a bill will be submitted. Consideration of sales tax cuts will be sped up.
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