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Japan Finance Minister vows to revive growth and restore public finances

Japan Finance Minister vows to revive growth and restore public finances

FILE PHOTO: Japan's Deputy Prime Minister and Financial Minister Taro Aso prepares to deliver his policy speech at the opening of the Lower House plenary session in Tokyo, Japan January 18, 2021. REUTERS/Issei Kato/File Photo

TOKYO: Japanese Finance Minister Taro Aso said on Friday that the government will try to achieve both economic growth and fiscal reform, as it pledged to stick to its budget-balancing target in an annual mid-year economic policy blueprint.

"It's true the situation is severe" for Japan to meet its aim of bringing a primary budget surplus, excluding new bond sales and debt servicing costs, Aso told reporters after the cabinet approved the blueprint.

(Reporting by Tetsushi Kajimoto; Editing by Alex Richardson)

Source: Reuters

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