Japan's Amari: will release bold fiscal discipline to maintain market trust

Japan's Amari: will release bold fiscal discipline to maintain market trust

YUYA SHINO

Amari, speaking to reporters, said it is important to make sure the plan is easily implemented and contributes to trust in Japanese government bonds.

Fitch Ratings on Monday downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase.

Fitch cut its rating on Japan to A, which is five notches below the top AAA rating. The outlook is stable.

(Reporting by Stanley White; Editing by Chang-Ran Kim)

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