Increase in consumption tax rate Consider additional economic measures if signs of economic downturn | NHK News

Consumption tax rate increase Consider additional economic measures if there is a sign of economic deterioration Government 2:02 on October 2

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In response to the increase in the consumption tax rate, the government has decided to analyze the impact on the economy in detail, taking into account that the trends in overseas economies are becoming increasingly uncertain. We are also exploring additional economic measures.

With the consumption tax rate hike, the government has been implementing economic measures that exceed 2 trillion yen in total, including a reduced tax rate, point rewards and gift certificates with premiums. At the cabinet meeting, I instructed the relevant ministers to implement smoothly.

The government says that the gradual recovery trend of the economy is continuing, and first of all, measures will be steadily advanced to determine the effects.

However, given that the trend of overseas economies, such as trade friction between the United States and China, is becoming uncertain, the second-level secretary-general of the Liberal Democratic Party said, “We are determined to take the necessary policies boldly while looking at economic trends.” Said.

The government should carefully analyze the impact on the economy, including not only medium- to long-term statistical data but also monthly and weekly data. If there are signs of economic deterioration, the government should promptly add additional economic measures. Are also considering.

The necessary budgetary measures will include the preparation of a supplementary budget plan for the current fiscal year.

On the other hand, regarding the impact on the dissolution of the House of Representatives, there are many views that it is difficult to dissolve immediately after raising the tax within the ruling party, but the second floor secretary-general said, `` If you were thinking about the problem of the consumption tax increase and the dissolution of the House of Representatives, The focus will be on when Prime Minister Abe decides to break up.