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OSAKA — The Osaka Municipal Government is seeking 4.4 trillion yen for the 1998 fiscal budget, a 1.7 percent increase over the previous year, according to the proposed budget announced Friday.

The proposal, to be submitted to the city assembly for approval next month, includes a 28.5 billion yen deficit in the general account, which will be covered by the issuance of special bonds. City-issued bonds outstanding in both general and special accounts are expected to total nearly 6.4 trillion yen, an increase of nearly 500 billion yen over 1997.

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