Japanese Prime Minister, Finance Minister and Minister of Economy and Finance on Monday (January 24) jointly called on to promote fiscal reform.
Japanese Prime Minister Naoto Kan (Naoto Kan) said: June this year, given the social security system before the full reform, tax reform, the framework of the panorama, so as to ensure the necessary revenue. dry weather may cause the risk of domestic food prices surge in global inflation investors bearish on Treasuries ninety-three Carrefour Oil and peaceful settlement of disputes or festive dinner meal than a million real estate company (Mainland) Guangdong deputy department officials said it can not afford housing wage I no longer believe in bank financial
Japan Finance Minister Kaoru Yosano (Kaoru Yosano) on Monday, a clear commitment to efforts to reform the tax and social security system in Japan, while concerned about the situation in the economic development of the next few months.
Yosano budget speech to parliament, said he would try to resolve the long-term structural problems facing the economy, but without prejudice to the economic growth for the kinetic energy. With the rapidly aging population, Japan is expected to cost the Social Security system is unsustainable.
Yosano said he believes the public has come to understand Japan's need for a sustainable social security system. In June the Government will submit a draft tax reform including consumption tax.
He said the government will strive to the end of March 2012 so that the consumer price index before the resumption of positive growth, and shortly after the end of the deflation situation. He expects the Bank of Japan (Bank of Japan) will support the Government in this regard.
Finance Minister Ye Tian Jiayan (Yoshihiko Noda said, and trends to issue bonds.
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