Japan Finance Minister vows to revive growth and restore public finances

Japanese Finance Minister Taro Aso said on Friday that the government will try to achieve both economic growth and fiscal reform, as it pledged to stick to its budget-balancing target in an annual mid-year economic policy blueprint.

FILE PHOTO: Japan's Deputy Prime Minister and Financial Minister Taro Aso prepares to deliver his policy speech at the opening of the Lower House plenary session in Tokyo, Japan January 18, 2021. REUTERS/Issei Kato/File PhotoTOKYO: Japanese Finance Minister Taro Aso said on Friday that the government will try to achieve both economic growth and fiscal reform, as it pledged to stick to its budget-balancing target in an annual mid-year economic policy blueprint.

"It's true the situation is severe" for Japan to meet its aim of bringing a primary budget surplus, excluding new bond sales and debt servicing costs, Aso told reporters after the cabinet approved the blueprint.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Daily Briefing: “Open and free” air travel in Asia still unlikely; IPO market in Southeast Asia “still hot”An “open and free” air travel in Asia is still unlikely, Singapore’s Finance Minister Lawrence Wong said, as COVID-19 cases persist in the region.
Source: SBRMagazine - 🏆 13. / 51 Read more »

‘Mediocre’ men get ahead in finance more easily, say women in the industry
Source: TODAYonline - 🏆 1. / 99 Read more »

Japan to tighten rules on coal power exports to meet G7 vowJapan will tighten its rules on support for exports of new coal power plants, in line with a pact by the Group of Seven nations (G7) to halt new ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Mitsubishi HC Capital to buy CAI International in US$2.9 billion dealREUTERS -Transportation finance and logistics company CAI International Inc said on Thursday it has entered into a definitive agreement to be ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Former Japan justice minister jailed for vote-buyingA former Japanese justice minister received a three-year jail term on Friday for vote-buying in an attempt to get his wife elected to a national office, local media said. Disgusting nepotism
Source: YahooSG - 🏆 3. / 71 Read more »

Football: Miranchuk delivers at last to rekindle Russian hopesST PETERSBURG, Russia: Russia revived their hopes of reaching the Euro 2020 knockout stages with an unimpressive 1-0 win over Finland on Wednesday ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »