Prime Minister Abe instructed smooth implementation of the system by raising the consumption tax rate October 1st at 12:15 by the Cabinet
Prime Minister Abe said in a cabinet meeting on the 1st: “The consumption tax rate will be raised to 10% from today and at the same time, free child education and childcare will start to realize the all-generation social security system. “We will make free higher education for children who are really necessary, and we will continue to reform social security in general, including pensions, medical care, and nursing care, and build a social security system that everyone can feel secure.”
On that basis, “I would like to ensure that the economy is recovering through measures such as reduced tax rates, point reduction, premium gift certificates, tax reduction measures for automobiles and homes, etc.” He instructed each minister to implement the system smoothly.
On the other hand, the secretary of the secretary said that at the press conference after the cabinet meeting, no major troubles have been reported so far. I would like to respond carefully, such as by doing. "
In addition, the secretary of the secretary asked the opinion of a further increase in the consumption tax rate from a reporter group, “It ’s important to be thorough in economic management. We will continue to promote economic revitalization and fiscal consolidation, and we have set a goal to make the primary balance = basic fiscal balance surplus in FY2025, so we would like to move in that direction. "