Latest news with #財務省
Bloomberg
19-05-2025
- Business
- Bloomberg
Ishiba Rebuffs Tax Cut Demands With Greek Debt Comparison
Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation's financial conditions are worse than Greece's. Ishiba said he disagrees with the idea of funding tax cuts with Japanese government bonds and people should be cautious about risks associated with a situation where borrowing costs are rising.
Bloomberg
16-05-2025
- Business
- Bloomberg
Japan Aims for Currency Talks With US Based on Past Dialogue
Japanese Finance Minister Katsunobu Kato said he'll seek another opportunity to talk with his US counterpart Scott Bessent next week to discuss currency matters, building on their dialogue last month. 'We confirmed that currency rates should be determined by the market, and that excessive volatility can harm the economy and financial stability,' Kato said Friday at a post-cabinet meeting press conference, referring to his April bilateral meeting with the US Treasury secretary in Washington. 'I'm looking for a chance to speak with Bessent again next week to discuss these points, if the circumstances allow,' Kato added.
