22 Jan 2018
Japan's fiscal target pushed back to fiscal year 2027 - Reuters
Japan pushed back its projections for achieving a primary budget surplus by two years to the 2027 fiscal year, says Reuters.
As per the latest forecasts, a primary budget surplus of JPY 800 billion or 0.1 percent of GDP is expected in 2027. The previous estimate had called for a primary surplus of 1.8 trillion yen or 0.2 percent of GDP in fiscal 2025.