Sunday 5 January 2014

Abe gives New Year speech to constituents

Prime Minister Shinzo Abe says he hopes to overcome any difficulties this year and likened it to a good horse jumping over obstacles.
Abe made the remark to his constituents in the city of Shimonoseki, Yamaguchi Prefecture, on Saturday.2014 is the Year of the Horse, one of the 12 animals in the Chinese zodiac.
He said more than one year has passed since he took office with the goal of leading Japan into a recovery.
He said the people of Japan are showing more confidence after years of a deflationary economy and negative growth. But he said the crucial moment will soon come.
Abe said the consumption tax will rise from the current 5 percent to 8 percent in April.

Source: NewsOnJapan

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