date:Oct 15, 2018
fact be more damaging.
This would prompt worries over the future financing of the social security system that in turn would have negative impact on consumption, Kumano said.
Abe has frequently stressed that reforming the country's social security system is the biggest challenge facing his government and has pledged to tackle the issue.
IMF chief Christine Lagarde warned earlier this month that the challenges facing the country will only grow as Japan's population continues to age and shrink,