August 20, 2013 / 12:25 PM / 4 years ago

BOJ Gov Kuroda calls on govt to proceed with sales tax hike

TOKYO, Aug 20 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Tuesday reiterated his view that the government must proceed with a planned hike in the country’s sales tax to fix its tattered finances.

“The economy may see some fluctuations ... but I don’t think the sales tax hike will lead to a slump in the economy or hamper the achievement of the (Bank of Japan‘s) 2 percent inflation target,” Kuroda told a television programme.

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