• Kyodo News


Chief Cabinet Secretary Hirofumi Hirano indicated Wednesday the government may need to issue more than ¥44 trillion in new bonds in fiscal 2010 to fulfill its campaign pledges, echoing comments the previous day by Prime Minister Yukio Hatoyama.

“Amid this sharp drop in tax revenues, it is not good if it becomes financially difficult for us to carry out what we promised to the public in the manifesto when we lay out our next action plan,” Hirano said.

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