Japanese Prime Minister Shinzo Abe has renewed his pledge to realize industrial competitiveness. He says there is no end to his growth strategy.
Members of the Industrial Competitiveness Council, including Abe, cabinet ministers and experts met on Monday. They endorsed draft policies for Japan's new growth strategies to be compiled around June.According to the draft policies, the council will consider a corporate tax cut to boost industrial competitiveness.
It will also consider expanding the taxation base and raising other taxes to offset a drop in revenue.
Source: NHK
It will also consider expanding the taxation base and raising other taxes to offset a drop in revenue.
Source: NHK
