Japan’s Aso: Extra budget Includes measures to support sales tax hike planned for Oct 2019

Japanese Finance Minister Taro Aso is on the wires now, via Reuters, commenting on the additional budget spending approved by the Cabinet earlier today.

Key Points:

Extra FY2018 and FY2019 budgets passed cabinet.

Includes measures to support the sales tax hike planned for October 2019.

The planned reduction in JGB issuance is a positive.