Aso: Japan's finances in difficult situation

Friday, 07. August 2020 05:12

Japan's finances are in "a difficult situation," amid the coronavirus economic crisis, Finance Minister Taro Aso said on Friday.

However, he added that the government isn't planning on reducing sales tax in Japan, which currently stands at 10% for most items.

Earlier, Bank of Japan Governor Haruhiko Kuroda said he expects a "moderate recovery" at best due to the ongoing pandemic.

Related Links: 
Author:
Breaking the News / VP