Saturday, December 20, 2008

Tokyo: MOF tables record 88.55 trillion yen budget to buoy economy

The Finance Ministry on Saturday proposed a state budget for fiscal 2009 reaching an all-time high of 88,548.0 billion yen, which embodies an all-out effort by the government to stave off a negative impact from the sharp downturn in the global economy while temporarily shelving fiscal reconstruction efforts.






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