Japan approves US$800bil budget


TOKYO: Japanese Prime Minister Shinzo Abe’s cabinet has approved a record fiscal 2016 budget that counts on higher growth and tax revenue to achieve his aim of reviving the economy and reining in huge public debt.

Total spending for the fiscal year starting April 1 will be 96.72 trillion yen (US$799.93bil), up a tad from this year’s initial plan to spend 96.3 trillion yen.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Japan , economy , budget , abe ,

Next In Business News

Qualms despite tariff pause
Challengers to Genting dominance
Outlook report offers clues to PETRONAS plans
New healthcare listings get a check-up
Cheaper energy storage, greener future
Khazanah’s diversification route
Tengku Zafrul: Malaysia optimistic about trade growth in 2025, to maintain levels above RM2 trillion
Icons of their time
Need to change (part 2)
Adapting retail and mall strategies for Year of the Snake

Others Also Read