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Japan parliament enacts record budget for fiscal 2015
Saudi Press Agency Published in Saudi Press Agency on 09 - 04 - 2015


Japan's parliament on Thursday approved a record
96.34-trillion-yen (802.8-billion-dollar) budget for the current
fiscal year that started April 1, with more money allocated for
national defence and social security, according to dpa.
The House of Councillors passed the highest-ever budget with support
from Prime Minister Shinzo Abe's ruling Liberal Democratic Party and
its junior coalition partner New Komeito, following its passage
through the House of Representatives last month.
Of the 96.34 trillion yen, 23.45 trillion yen or 24.3 per cent will
be allocated for national debt servicing costs.

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