which is set by the Bank of Japan

? Xinhuanet.com Tokyo on 30 May, (reporter Xu Yuan) the International Monetary Fund (IMF) 30, in a report to the Japanese government efforts to reduce the high corporate tax of welcome; also urged the Japanese government to take measures to ensure financial income, in order to avoid further deterioration of financial condition.

? IMF the end of Japan's annual research report said, the Cheap Suns Jerseys Japanese government to cut corporate taxes efforts will help enterprises to increase investment and help its development, but Cheap 76ers Jerseys the increase in government revenue has damage. Therefore, IMF suggested that the Japanese government to consider other measures guarantee by treasury funds, to avoid further deterioration of fiscal dilemma. IMF urged the Japanese government to draft financial reform program, in order to achieve the 2015 fiscal year (began in April 1, 2015) about the deficit in half by the commitment.

? According to the report, in order to change the bad financial situation, the Japanese government may consider raising the consumption tax in 2015 October to 10%, after further increased to at least 15%. In addition, the Japanese government also can take measures to control the pension and medical insurance payments in order to reduce the fiscal deficit.

? The analysis thinks, the Japanese Prime Minister Abe Shinzo, the respected economic policy or development oriented, while the government finances the secondary position. Andouble had called for a higher corporate tax "growth oriented" reform, promoting economic growth through the development of enterprise. At present, Japan's corporate tax rate as high as Cheap Clippers Jerseys 35%, far higher than the 24% in Cheap Heat Jerseys South Korea and 17% in Singapore, bring enormous cost pressure to Cheap Bucks Jerseys the enterprise.

? And the Bank of Japan's evaluation, IMF thinks the bank without the ultra loose monetary policy to take further measures to expand the money supply, because the present Japan inflation has been steadily closer to the 2% level, which is set by the Bank of Japan, inflation target. However, IMF said, Japan will achieve this goal in 2017, later than expected in 2015 the Bank of japan.