Japanese Prime Minister Sanae Takaichi: Suspend Sales Tax on Food and Beverages for Two Years
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Author:小编   

In her policy speech to the Diet, Sanae Takaichi stated that she would suspend the sales tax on food and beverages for two years without relying on deficit-financing bonds. Additionally, she plans to formulate a medium-term plan for sales tax reductions by early summer and submit a tax reform bill as soon as possible. She reiterated her commitment to implementing a 'responsible and proactive fiscal policy' to enhance Japan's potential growth rate by increasing investment in areas such as artificial intelligence, semiconductors, and shipbuilding. Meanwhile, she reminded the market of the risks involved and urged caution in investments, noting that this article does not constitute investment advice.