Consumption tax rate increase To implement economic measures of over 2 trillion yen Government September 30 23:56

To alleviate the decline in consumption after the consumption tax rate hike, the government will implement economic measures of over 2 trillion yen, combining budgetary measures and taxation.

However, as the global economic trend is becoming more uncertain due to the prolonged trade friction between the United States and China, at the government's economic and financial advisory meeting held on the 30th, He pointed out that in some cases, action should be taken immediately.

Prime Minister Abe has repeatedly indicated that he will take agile measures when risks become apparent, and the government will carefully examine the statistical data after the increase and carefully monitor economic trends. To

On the other hand, the government expects a certain improvement in the fiscal situation by raising the consumption tax rate, but it is not expected to achieve the goal of turning the basic fiscal balance, which is an indicator of fiscal soundness, into the black in FY2025. There is no situation.

Prime Minister Abe stated that the Abe administration is not thinking about further increases in the consumption tax rate, and that it is not necessary for the next 10 years.