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Japan counting on growth to shore up finances

Prime Minister Shinzo Abe, center, and other cabinet members have approved basic policies for improving Japan's financial health.

TOKYO -- The government will not impose strict limits on spending to meet a primary surplus target by 2020, instead focusing on boosting tax revenues by growing the economy, according to an economic and fiscal management blueprint approved by the cabinet Tuesday.

     The government assumes that the 8% consumption tax will climb to 10% in April 2017 but not further.

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