Japan ruling party’s Kishida: need to make fiscal discipline target clear

TOKYO (Reuters) – Japan’s government needs to make clear when it expects to return to a primary budget surplus, which is an important measure of fiscal discipline, said a senior member of the ruling Liberal Democratic Party who is seen as a future contender for prime minister.

It is important for the LDP to take the lead on debate about fiscal discipline, said Fumio Kishida, head of policy for the party.

Prime Minister Shinzo Abe’s government has said it will issue a fiscal discipline plan by midyear, but some economists worry the current government is losing interest in fiscal discipline.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.