Japan government to avoid deficit-covering bonds for food tax cut ^18.9%

The Japan Times - By No Author - 6/26/2026, 11:59 PM

Unattributed Quote 30.2% - Pessimism Bias 19.8% - Ambiguity (Equivocation) 19.1%

The government has presented a funding plan for its proposal to reduce the 8% consumption tax rate on food items to 1% for two years starting next April, stating that it will avoid relying on deficit-covering bonds. The plan was shown at a working-level meeting of the suprapartisan National Council on Social Security on Friday. The plan... more