In the Nikkei this morning in Japan:
- A proposal to target a 1% primary deficit for FY 2018 ... "with an eye toward its goal of achieving a surplus by fiscal 2020"
- Proposal will be submitted by a nongovernment member Tuesday at an economic policy meeting
- To be reached with spending cuts & other measures (not specified in detail)
- Says the primary deficit is expected to be 3.3% of GDP this fiscal year
