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Japan PM Abe to delay timing of achieving budget balance target: sources
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, sources told Reuters on Wednesday, calling the government’s fiscal discipline into question. Abe will unveil the decision on Monday at a news conference at which is he expected to announce a snap election, the government sources said on condition of anonymity because they are not authorized to speak to media. Abe is expected to call the general election for Oct. 22 to take advantage of a rebound in his damaged approval ratings and disarray in the opposition, ruling party ... (full story)