In its attempt to formulate a budget with the dual and dueling purposes of bringing about an economic recovery and preparing for painstaking reform, it seems the government has managed to do neither.
According to economists, the Finance Ministry’s proposal of an 82.65 trillion yen general-account budget for fiscal 2001 directs few funds toward needed structural reforms and appears for the most part to be a conventional spend-spend package focused around public works.
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.