Japanese Prime Minister Shinzo Abe has announced he will raise the country’s sales tax to cover snowballing social security costs. Photo: EPA

Japanese PM Shinzo Abe announces sales tax rise to finance snowballing welfare bill

Consumption tax will increase to 10 per cent despite fears for growth in the world’s third-biggest economy

Topic |   Japan

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Japanese Prime Minister Shinzo Abe has announced he will raise the country’s sales tax to cover snowballing social security costs. Photo: EPA
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