The waste-cutting panel of the Hatoyama administration’s Government Revitalization Unit has finished its first round of work and now moves on to the second round. In the work completed, the panel reviewed funding allocations for some 240 projects included in the fiscal 2010 budgetary requests, which top ¥95 trillion in total, and managed to cut expenditure by some ¥450 billion. It also called for funds set up by independent administrative agencies and surpluses in special accounts, which total some ¥900 billion, to be returned to state coffers.

The review of each project saw panel members, including Democratic Party of Japan lawmakers and experts from the private sector, spend about an hour listening to and questioning relevant officials. Projects were divided into categories, such as “abolish,” “reduce,” “freeze” and “conclusion postponed.”

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