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Japan to delay budget surplus to FY 2027: Nikkei

Japan will delay its goal of achieving a primary budget surplus by two years until fiscal 2027, as the government plans to spend some revenue from a planned increase in sales tax on social measures, the Nikkei business daily reported on Thursday. New fiscal projections by the Cabinet Office are expected to be presented to the government?s top macro economic policy panel, the Council on Economic and Fiscal Policy, later this month, the Nikkei said.
Source: Latest News

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