IMF Japan is on labor market reforms advance 15% tax

IMF = International Monetary Fund, fiscal consolidation and economic growth in economic policy of Japan is difficult, reforms of the labour market, as well as sales tax rate up to at least 15% phased increase necessary to report together.

the IMF published annual reports on the economic policy of Japan together. According to
Japan sluggish consumption and investment and the stock market and the Yen's appreciation also hinders the recovery of the economy, this year's economic growth rate to around 0. 5 percent next year, a new economic stimulus package take 0. Expected to decline to 3 percent. Has pointed and difficult to achieve fiscal consolidation and economic growth in economic policy [9459007] now, government enterprises to encourage wage increases ought to promote the double structure of regular and non-regular employees, such as labour market reform.
also should make a path toward fiscal soundness, tax rates now from 8% up to at least 15% every year 0. I asked between 5% and gradually increase in width of 1%. Evaluated and strengthened involvement of the Bank of Japan
on the other hand, the Bank of Japan has introduced negative interest rate policy for inflation, but the effect on the real economy obviously are going to be time consuming.

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