• SHARE

Top government and ruling party leaders basically agreed Sept. 10 on the draft of a bill that puts into law specific measures to achieve the government’s self-imposed fiscal reconsolidation targets.

The bill, which is to be submitted to this fall’s extraordinary Diet session, outlines spending limits on various key expenditures up to 2003. By that time, the nation’s fiscal deficit is scheduled to be down to 3 percent or less of gross domestic product, and deficit-covering bonds will have been abandoned.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW