Sep 5, 2015

Budget requests for fiscal 2016 reach record ¥102.4 trillion

General account budget requests for fiscal 2016 from government ministries and agencies totaled a record ¥102.41 trillion, the Finance Ministry said Friday. Ever-increasing medical costs on the back of an aging population helped the budget requests to top ¥100 trillion for the second consecutive ...

Oct 31, 2013

Private-sector advisers urge budget cuts

Private-sector members of a key government panel are proposing that some ¥3 trillion in spending be cut from the requested amount of the fiscal 2014 budget and that planned social security outlays possibly be reconsidered, sources said Thursday. The four members of the Council ...