Go Finance Reporting - Japanese government approved the state budget amounted to USD1, 1 trillion, equivalent to 92.40 trillion yen for fiscal year 2011 which will begin in realized on 1 April 2011.
As revealed by Jiji Press as quoted in the AFP on Saturday (25/12/2010), Prime Minister of Japan Naoto Kan said the policy is taken to eliminate the stagnation that surrounds the entire country and revitalize economies.
Yoshiko Noda Japanese Finance Minister also said he agreed to Japan this year's budget. Include funds for the work and programs to maintain the country's economic growth is touted as the Asian giant was sick of this.
And expected growth in 2011 could grow 1.5 percent in 2010, where growth has reached 3.1 percent.
To finance the budget japan will issue bonds amounting to 44.3 trillion yen. The issuance of these bonds will likely exceed the tax revenue as a source of income. (GoFinance)
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