Dec 24, 2013

2014 foreign aid to be cut 1.3% to ¥550.2 billion

The government said Tuesday it will reduce overall foreign aid to ¥550.2 billion in the general account budget for fiscal 2014, down by 1.3 percent, or ¥7.1 billion, from the amount initially allocated for the current fiscal year — the 15th straight year of ...

Feb 7, 2013

Smaller pieces of the pie

The Abe administration is slicing ¥390 billion off last year's budget for central government grants to local governments, and calling for lower wages.