Japan faces risky tax rise to tackle debt
PM Shinzo Abe announces increase of national sales tax to lighten country’s debt burden.
Published On 1 Oct 2013
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.
Source: Al Jazeera