Japanese budget seems optimistic
From The Big Picture
January 28, 2013 - 2:18pm
The Japanese Parliament reconvened today. Details of their proposed budget for the fiscal year starting 1st April have been released. Total expenditures are expected to be Yen 92.6 Tn, with new government bond sales to amount to Yen 42.9 Tn and with tax revenues of Yen 43.1 Tn. The numbers do not add up, suggesting [...]
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