The Japanese Cabinet Tuesday approved a 95.9 trillion yen ($922 billion) budget for next fiscal year, calling for higher spending for defense and public works, UPI reported. The budget for fiscal 2014 starting next April is the second after Shinzo Abe became prime minister, whose main thrust is to lift the country's economy out of its prolonged deflation and strengthen fiscal health. Of the 95.88 trillion yen, 23.27 trillion yen will go for national debt service costs.
