Basic balance deficit width finances and estimate consumption taxes again postponed in

"fundamental fiscal balance" of Central and local governments of the 2018 fiscal year interim goals again postponed raising the consumption tax rate was due in April next year, to fiscal consolidation towards the Government, but Cabinet Office estimates the GDP = gross domestic product and over 1. We found that was expected to deteriorate to a deficit of around 9%.

cabinet every year at this time, medium-term economic and fiscal estimates summarize the WA, reflecting that the fiscal. Rated postponed raising the consumption tax rate according to
officials expected in April next year to 10 percent back two and a half years of the Cabinet Prefecture of the Central and local governments in fiscal 2018 "on budget" deficit compared to the GDP was 1. We found that was expected to be around 9%. This estimate as of January this year from 0. It is the achievement of the interim goal 2 points worse and the fiscal consolidation towards the Government "about 1%" stricter standards.
on the other hand, Government targets and have a surplus in fiscal 2020 in the primary balance is expected and better than the earlier estimate 900 billion yen, a loss of 5600000000000 yen. This is so be increased tax revenues in the last fiscal year, and urged acceleration of fiscal consolidation to drastic spending cuts and increased tax revenue due to economic growth, and prospects is based on raising the consumption tax rate from the 10/2019, but still exceeded 5000000000000 yen, the deficit will remain.

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