2013年12月16日星期一
Japan 2014/15 budget to reach record $930 billion: government sources
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Japan 2014/15 budget to reach record $930 billion: government sources
TOKYO Mon Dec 16, 2013 6:17am EST
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Japan\'s Prime Minister Shinzo Abe speaks during a news conference to wrap up the ASEAN-Japan Commemorative Summit Meeting at his official residence in Tokyo December 14, 2013.
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Japan 2014/15 budget to reach record $930 billion: government sources
TOKYO Mon Dec 16, 2013 6:17am EST
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Japan\'s Prime Minister Shinzo Abe speaks during a news conference to wrap up the ASEAN-Japan Commemorative Summit Meeting at his official residence in Tokyo December 14, 2013. REUTERS/Toru Hanai
Japan\'s Prime Minister Shinzo Abe speaks during a news conference to wrap up the ASEAN-Japan Commemorative Summit Meeting at his official residence in Tokyo December 14, 2013. REUTERS/Toru Hanai
Japan\'s Prime Minister Shinzo Abe speaks during a news conference to wrap up the ASEAN-Japan Commemorative Summit Meeting at his official residence in Tokyo December 14, 2013.
CREDIT: REUTERS/TORU HANAI
(Reuters) - Japan\'s budget for next fiscal year will rise to a record above $930 billion, boosted by public works and military spending, government sources familiar with the process said on Monday.louis vuitton usa
CREDIT: REUTERS/TORU HANAI
(Reuters) - Japan\'s budget for next fiscal year will rise to a record above $930 billion, boosted by public works and military spending, government sources familiar with the process said on Monday.
The government is in final negotiations on the general-account budget for the year from April, which will exceed 96 trillion yen ($931 billion), the sources told Reuters on condition of anonymity.
The government is in final negotiations on the general-account budget for the year from April, which will exceed 96 trillion yen ($931 billion), the sources told Reuters on condition of anonymity.
The draft budget, to be approved by Prime Minister Shinzo Abe\'s Cabinet on December 24, will be up from this fiscal year\'s initial budget of 92.
The draft budget, to be approved by Prime Minister Shinzo Abe\'s Cabinet on December 24, will be up from this fiscal year\'s initial budget of 92.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]6 trillion yen.6 trillion yen.
Abe, elected a year ago Monday, has used heavy government spending as one of his main tools in a bid to end 15 years of deflation and sluggish growth for the world\'s third-biggest economy.louis vuitton neverfull gm
Abe, elected a year ago Monday, has used heavy government spending as one of his main tools in a bid to end 15 years of deflation and sluggish growth for the world\'s third-biggest economy. But with public debt of more than twice the size of the economy, Abe also aims to balance the budget over time, starting with a sales-tax increase next April. But with public debt of more than twice the size of the economy, Abe also aims to balance the budget over time, starting with a sales-tax increase next April.
With an economic rebound and a tax increase, tax revenues next fiscal year are tipped to clear 50 trillion yen, a seven-year high, while bond issuance will decrease from this year\'s 42.
With an economic rebound and a tax increase, tax revenues next fiscal year are tipped to clear 50 trillion yen, a seven-year high, while bond issuance will decrease from this year\'s 42.85 trillion yen, the sources said.85 trillion yen, the sources said.
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(Reporting by Takaya Yamaguchi; Writing by William Mallard; Editing by Edmund Klamann)
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(Reporting by Takaya Yamaguchi; Writing by William Mallard; Editing by Edmund Klamann)
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