Japan’s Aso: Economic is gradually recovering

Japan’s Finance Minister Taro Aso was recently on wires, via Reuters, conveying his expectations on the much-anticipated sales tax hike and the economic situation.

Mr. Aso said he maintains stance on sales tax hike as the economy is gradually recovering.

Japan is expected to announce a sales tax hike during October this year. Though, the latest challenges to global economic growth raise doubts over the policy action.