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Prime Minister Shinzo Abe and Finance Minister Taro Aso at the prime minister's office in Tokyo (Photo by Uichiro Kasai)
Economy

Japan wrangles over new target date for balancing budget

Two- and five-year delays considered as Abe government pursues fiscal discipline

| Japan

TOKYO -- Prime Minister Shinzo Abe is walking back his goal of achieving a primary surplus in fiscal 2020. But it remains to be seen how far Abe is willing to extend that target, and whether the fiscal hard-liners or the doves will prevail. 

Change of plans

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