Support for consumption after consumption tax increase Prime Minister Abe September 2 15:45

To raise the consumption tax rate next month, Prime Minister Abe will make every effort to prepare for the introduction of a reduced tax rate and steadily implement economic measures such as a point-reduction system for cashless payments at the government-party talks meeting on the 2nd. And I showed the idea to support consumption after the tax increase.

In this context, Prime Minister Abe stated that the current economic situation is “Tensions over trade are increasing globally and the future is becoming uncertain. We will pay close attention to risks and make every effort to manage the economy.” Said. In addition, regarding the increase in the consumption tax rate scheduled for the 1st of next month, “We will do everything we can to prepare for the introduction of a reduced tax rate, and take sufficient measures such as drastic point reductions, premium gift certificates, and bold tax cuts on cars and homes. "We will continue to support consumption by implementing the system without any omissions."

Prime Minister Abe said that he would have a summit meeting with President Putin in attendance at the International Economic Forum held in Vladivostok in the Russian Far East this week. “I am determined to openly discuss and advance the peace treaty negotiations, taking into account the steady progress of measures and other measures.”