ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Japan's new budget puts stimulus first as tax hike nears

But fiscal measures risk simply delaying blow to taxpayers

The fiscal 2019 budget approved by Japanese Prime Minister Shinzo Abe's cabinet on Dec. 21 includes measures to offset the impact of the planned consumption tax increase. (Photo by Uichiro Kasai)

TOKYO -- The Japanese government hopes to use its record budget for fiscal 2019 to spur consumer spending after next year's consumption tax hike, but it may have trouble dealing with the aftermath if demand drops off as feared.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more