
About 53.3 percent of respondents across Japan said they support Prime Minister Shinzo Abe\'s decision on promoting the country\'s sales tax to 8 percent next April from the current 5 percent, according to a latest poll released Wednesday. The nationwide survey, which was conducted by Japan\'s Kyodo News on Tuesday and Wednesday through telephone, also showed that the support rate for Abe\'s cabinet stood at 63.3 percent, up from 61.8 percent last month. About 42.9 percent showed their opposition to the tax hike decision, according to the poll. The survey also said 61.6 percent of respondents opposed the second stage of the tax hike to 10 percent in 2015, while 31.0 percent back the plan. About 48.5 percent were not supportive to the 6-trillion-yen ( about 60.94 billion U.S. dollars) stimulus package to counter the potential impacts of the tax hike, according to the poll. During a meeting with executives from the ruling coalition at his office Tuesday afternoon, the prime minister said he will raise Japan\'s sales tax rate in April 2014 to 8 percent from the current 5 percent as planned. Abe\'s cabinet also approved Tuesday the economic stimulus package, including 1 trillion yen (10.16 billion dollars) in tax reductions to lift business investment and cash benefits for low- income earners. He said the economic stimulus package would \"moderate the possible negative effects as much as possible and help the Japanese economy recover and return to a growth path again soon.\"
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor