Japan PM Rules Out Sales Tax Hike to Fund Families, Defense

  • Kishida speaks in roundtable with foreign media in Tokyo
  • Premier says he is watching court cases on same-sex marriage
Fumio Kishida during an interview on April 20.Photographer: Shoko Takayasu/Bloomberg
Lock
This article is for subscribers only.

Japanese Prime Minister Fumio Kishida said he has no intention for now to raise the sales tax as his government sets off on a plan to boost military spending and provide financial incentives to help reverse a falling birthrate.

Kishida also said in a group interview with reporters on Thursday it was important for the world that the US and China keep their ties stable. China is expected to be a major topic on the agenda when Japan hosts a summit of Group of Seven leaders next month, with the US pressing allies to coordinate against economic coercion from the likes of Beijing.