Members of japanese Prime Minister shinzo abes government have approved his strategy for growth. Cabinet ministers have also backed abes policies for economic and fiscal reforms. Abe met with reporters shortly after the ministers gave him their approval. Translator the economic recovery is yet to spread to all corners of japan. Thats why we should not let this favorable cycle of economy be a temporal phenomenon. We should continue to push this favorable cycle strongly so that smes nationwide can be revitalized. We will have everyone in japan to realize the economic recovery. That is the mission of abenomics. One of the main items in the fiscal and economic reform package is a reduction in japans Corporate Tax rate. Business leaders have called for the change supporters say lowering the tax will attract more overseas investment. They say it will also help Japanese Companies compete internationally. The reduction would take effect in april of next year and would cut the tax rate from 35
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Class nosel noCC 01406 q chinaChina 8, Tokyo 6, Europe 5, Afghanistan 3, Iraq 3, Nissan 2, Marubeni 2, Suntory 2, Abdullah 2, Jonathan 2, Newsline 2, Japan 2, Eastern Ukraine 2, Islam 2, Portugal 2, East Asia 2, Atlanta 2, Donetsk 2, Russia 2, Asia 2 Network NHK World Duration 00 31 00 Scanned in Philadelphia, PA, USA Language English Source Antenna Tuner Channel 35 Video Codec mpeg2video Audio Cocec ac3 Pixel width 704 Pixel height 480 Audio Visual sound, color