Reuters reports on a draft of the Japanese government's fiscal blueprint, which will be proposed later on Monday

Headlines:

  • Draft fiscal policy blueprint to propose flexible approach, rather than setting rigid cap, in annual state spending
  • To propose keeping 3-yr rise in state general-account spending at 1.6 trln yen
  • Will prepare economic environment to proceed with sales tax hike to 10 pct in April 2017
  • Will scrutinise interest rate moves, fiscal balance as Japan eyes exit from deflation