Tadashi Isozumi


Japanese government has tough budget choices to face

TOKYO – Now all the budgetary requests by government entities have been made, the Cabinet will face two choices: either turn a blind eye to the nation’s huge debt and place priority on realizing the ruling bloc’s campaign pledges, or avoid further issuance of government bonds and give up on certain campaign pledges. The government of Prime Minister Yukio Hatoyama effectively bloated the total amount of budgetary requests to realize campaign pledges made for the Aug.