Japan PM Abe to delay the timing of achieving budget balance target - Reuters

Omkar Godbole FXStreet Contributor

Sources told Reuters that Japanese Prime Minister Shinzo Abe is set to delay the timing for balancing a primary budget from the current fiscal 2020 to later in the decade.

Abe will unveil the decision on Monday at a news conference at, which is he expected to announce a snap election for Oct. 22 to take advantage of a rebound in his damaged approval ratings.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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