Japan Delays Sales Tax Hike for 2.5 Years

The transcript discusses Japan's economic policy, focusing on the delay of a sales tax hike due to concerns about private consumption and debt levels. The Prime Minister plans to implement structural reforms and a $90 billion economic stimulus package. The Finance Minister also expressed concerns about the timing of the tax hike. Public opinion is divided, with many opposing the tax hike and its postponement. The government aims to achieve a primary budget surplus by 2020, despite rising debt levels.

What concerns do people have regarding the postponement of the sales tax hike?

What is the target for achieving a primary budget surplus by 2020, and what challenges are mentioned?