The number of executives and employees at 95 government-affiliated corporations should be cut by 10 percent, and another 10 percent cut should be applied to expenditures on public works projects under their umbrella, according to a proposal made August 26 by a panel of the ruling Liberal Democratic Party.
The LDP panel on administrative reform compiled a set of proposals to downsize governmental corporations in an effort to reduce public spending on such bodies at a time when the nation is seeking ways to recover fiscal health.
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