TOKYO Japanese Prime Minister Yoshihide Suga plans to accelerate investment in green projects and digital transformation, setting his eyes on new sources of economic growth in the post-COVID era, according to a draft blueprint of policy priorities for the coming fiscal year released on Wednesday.
* PM Suga focuses green, digital, regional revival,
TOKYO (Reuters) -Japan's government will stick for the moment to its goal of achieving a primary balance surplus by fiscal year 2025, but reassess the timeframe due to the economic damage caused by COVID-19, the government's draft fiscal blueprint shows.
TOKYO The Group of Seven (G7) advanced countries has struck a "historic" agreement for a minimum global corporate tax of at least 15%, raising momentum for a wider deal among the G20 major economies, Japanese Finance Minister Taro Aso said.
TOKYO Japan's government is under political pressure to water down an already stretched fiscal target this year as the cost to combat the COVID-19 pandemic accumulates, sources say, casting further doubt on Tokyo's resolve to fix the country's tattered finances.
TOKYO Finance leaders from the Group of Seven rich countries have narrowed their difference of opinions over global taxation but they are unlikely to debate specific figures on minimum tax rates at their weekend meeting, Finance Minister Taro Aso said.
TOKYO Ahead of the Tokyo 2020 Olympics, the Japanese city of Kamo spent 70 million yen ($640,000) on horizontal bars, gymnastic mats and other upgrades to training facilities for 42 Russian gymnasts and coaches who now won't be coming.
* Debate over scheme will need to wait until next year -
TOKYO (Reuters) -Japan's government is expected to compile an extra budget in October or November, senior ruling party lawmaker Kozo Yamamoto said on Wednesday, calling for spending of around $239 billion to cushion the economic blow from the COVID-19 pandemic.