Japan's Prime Minister Shinzo Abe arrives for a news conference at his official residence in Tokyo, Japan June 1, 2016. REUTERS/Thomas Peter(reuters_tickers)
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe announced on Wednesday a delay in a sales tax increase by 2-1/2 years, putting plans for fiscal reform on the back burner amid weakness in the economy.
Abe made the widely expected announcement at a nationally televised news conference.
(Reporting by Linda Sieg, Leika Kihara and Tetsushi Kajimoto; Editing by Jacqueline Wong)