Fiscal 2014 initial budget requests from all ministries and agencies are expected to exceed ¥100 trillion for the second straight year, sources said Tuesday.

The requests, covering both general-account spending and expenditures for reconstruction from the March 2011 earthquake and tsunami, are set to swell as expenses related to economic measures and social security are expected to grow. Initial budget requests for fiscal 2013 totaled a record ¥102.5 trillion.

Earlier this month, Prime Minister Shinzo Abe's government approved guidelines for the compilation of the budget for the next fiscal year, which starts in April, and a medium-term fiscal reform plan, in which it pledged to narrow the budget deficit by ¥17 trillion over the next two years.