The government has suspended disbursement of some ¥2.5 trillion from the fiscal 2009 supplementary budget as it prepares to compile the fiscal 2010 budget. The government originally aimed to save ¥3 trillion, and use that money as part of some ¥7.1 trillion needed to implement election promises for fiscal 2010, such as child-rearing allowances, free public high school tuition and the abolition of surcharges on road-related taxes.
Even if the government secures the ¥3 trillion, it needs to obtain a further ¥4.1 trillion by axing wasteful and nonessential projects that might have been included in the fiscal 2010 budget, and by using surpluses in special accounts.
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