Japan allocates USD921 b for budget draft


(MENAFN) Japan has predicted a record budget for 2014 as Prime Minister Shinzo Abe increased spending on social security, according to Iran Daily. Finance Minister Taro Aso said in a meeting that government ministers and the ruling coalition have allocated USD921 billion for the fiscal budget. Aso added: "Japan will issue 41.25 trillion yen of new revenue bonds. Less than the 42.9 trillion yen earmarked in this year"s initial budget."


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