Japan PM Abe: Reiterates viewpoint that global economy is facing a large risk and lead Japan back into deflation (in line with his G7 view) - press conference
- Needed to delay sales tax increase because they can't risk hurting spending
- Will increase speed of Abenomics over the next 2.5 years
- Must take broad and bold economic measures; to implement large-scale stimulus in the autumn
- To take economic measures to support domestic demand
- To create an environment for the sales tax increase
- Must act in timely fashion to avert risk of crisis