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Macro Finance

Takaichi Reaffirms No Deficit Bonds to Fund Food Sales Tax Cut

Bloomberg Markets·October 20, 2026·1 min read

Japanese Prime Minister Sanae Takaichi reiterated that she will not rely on special deficit-covering bonds to fund a sales tax cut on food, after earlier remarks sparked speculation she was changing her stance. The clarification aims to reassure markets about fiscal discipline while addressing cost-of-living pressures.

Read at Bloomberg Markets
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