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Japan faces risky tax rise to tackle debt

PM Shinzo Abe announces increase of national sales tax to lighten country's debt burden.

Last Modified: 01 Oct 2013 06:04
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Japanese Prime Minister Shinzo Abe has announced sales tax will rise three percentage points to 8 percent next year.

The rise is meant to lighten the country's heavy debt burden, but the decision could prove risky.

Al Jazeera's Wayne Hay reports from Tokyo.

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Al Jazeera
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