Japan FY 2019-20 tax revenue to undershoot government's estimate by over 2 trillion yen - Nikkei
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TOKYO (Reuters) - Japan's government is expected estimate that tax revenue will undershoot its initial forecast by around 2.3-2.5 trillion yen in the current fiscal year to March 2020 due to a slowdown in exports caused by the U.S.-China trade war, the Nikkei business daily reported on Tuesday.The government will issue additional deficit-covering bonds worth around 2 trillion yen in the current fiscal year to make up for a tax revenue shortfall, it said, without citing sources.The government..