Japan's Abe to postpone tax hike, call December election: media

November 11, 2014 10:40 PM

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Japan's Abe to postpone tax hike, call December election: media

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe plans to postpone a planned tax increase and call a general election for December, the Sankei newspaper said on Wednesday.

Abe will delay the increase in the national sales tax by a year and a half to April 2017 as third-quarter GDP is likely to be weak and then take the issue to voters because the delay will exceed the current term of the Lower House of Parliament, the conservative daily said, citing unnamed government...

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