• Kyodo News


The administration wants to keep the general account budget for fiscal 2010 within ¥92 trillion without issuing more deficit-covering bonds than the previous government, Finance Minister Hirohisa Fujii said Monday.

Last week, the amount of budgetary requests submitted by ministries and agencies for the year starting in April reached an all-time high of ¥95.04 trillion, despite the Democratic Party of Japan’s goal of reducing wasteful spending.

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