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More news from Reuters

BOJ's Shirakawa says quake will hit Japan tax revenues

Wed, 23 Mar 2011 04:50 GMT

Source: reuters // Reuters

TOKYO, March 23 (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Wednesday the huge earthquake that hit Japan on March 11 will likely lead to a decrease in tax revenues.

"This quake will cause the condition of Japan's economy and output to be severe," Shirakawa told a parliamentary committee meeting. (Reporting by Leika Kihara; Editing by Joseph Radford)

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