Japan’s Abe: No change to sales tax hike proposal unless Lehman-scale shock occurs

Reuters reports the latest comments from the Japanese Prime Minister Shinzo Abe, as he speaks about the proposed October sales tax hike and global growth worries.

Key Points:

“Will do all to manage economy amid overseas uncertainty.”

“No change to sales tax hike proposal unless Lehman-scale shock occurs.”

“Sales tax hike is needed to maintain nation's credibility.”