JAPAN'S CABINET APPROVED a record ¥115.5 trillion ($732 billion) budget for the fiscal year starting April 2025, setting up the minority government of Prime Minister Shigeru Ishiba for a key test of its longevity in getting the proposal approved by parliament.
The budget plan detailed Friday marks a 2.6% increase from the current year, and would be partly funded by a record ¥78.4 trillion in tax receipts, enabling a 19% reduction in new bond issuance.
Since losing its lower house majority in an October election, Ishiba's coalition government has been forced to negotiate with opposition parties over policy plans.
Denne historien er fra December 28, 2024-utgaven av Financial Express Ahmedabad.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Bajaj Auto's EV charge
LAUNCH OF MASS MARKET SCOOTERS PAYS OFF
Special category visa for foreign students
INDIA HAS LAUNCHED two special category visa for international students intending to pursue higher education in academic institutions in the country.
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A win-win solution
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It heats in winter and purifies indoor air all year round
Track kids' location in real-time
A 4G smartwatch with large display and GPS tracking
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