Editorials Feb 13, 2014

Pork-filled supplementary budget

The Diet's passage last week of a ¥5.465 trillion supplementary budget for fiscal 2013 is deceptive as it includes items that an expert panel had recommended eliminated from the fiscal 2014 budget last fall because they were deemed wasteful.

Editorials Dec 25, 2013

Rein in government spending

The government's draft budget for fiscal 2014, which Prime Minister Shinzo Abe's Cabinet approved Tuesday, reflects a lack of government will to reduce public spending and debt even as the tax burden on consumers is set to increase.

Impact of bigger public works budget unclear

Business / Economy Dec 24, 2013

Impact of bigger public works budget unclear

by Reiji Yoshida

Prime Minister Shinzo Abe's fiscal 2014 draft budget has sparked debate over whether he has significantly increased the public works budget in a major policy shift from his predecessor administrations led by the Democratic Party of Japan. Under the fiscal 2014 draft budget adopted Tuesday ...

Business / Economy Dec 22, 2013

Record budget unveiled as debt burden mounts

The government and the ruling coalition agreed on a record budget for the next fiscal year, as Prime Minister Shinzo Abe boosts spending on social security, defense and public works while trying to contain the growth of the world's biggest debt burden. Government ministers and ...