Daily Yomiuri Online Click
- Finance Ministry cuts make 2 dam projects unlikely
(Daily Yomiuri Online) (Dec. 21, 2008)
The Finance Ministry's draft budget for fiscal 2009, presented Saturday to each ministry and agency, cut the requested allocations for two dam construction projects by 40 percent to 50 percent, making it highly unlikely the dams will be built continued ... - GSDF lost summit documents
(Daily Yomiuri Online) (Dec. 21, 2008)
Two members of a Ground Self-Defense Force helicopter unit lost classified documents related to the travel arrangements of dignitaries for the Group of Eight summit meeting in Toyakocho, Hokkaido, in July, according to sources. continued ... - Govt to earmark 69 bil. yen for U.S. troop transfer
(Daily Yomiuri Online) (Dec. 21, 2008)
The government has decided to set aside about 68.9 billion yen in the fiscal 2009 budget to be spent on projects related to the realignment of U.S. forces stationed in Japan. continued ...
The Asahi Shimbun Click
The Japan Times Click
- Japan breaks bank for economy
(The Japan Times) Sunday, Dec. 21, 2008
Finance Ministry drafts record ¥88.55 trillion budget for 2009
(Kyodo News) The Finance Ministry on Saturday proposed a state budget of ¥88.55 trillion for fiscal 2009, the largest ever, signaling an all-out effort to cushion the nation from the impact of what is expected to be a global recession. continued ... - Budget won't spark growth, experts warn
(The Japan Times) Sunday, Dec. 21, 2008
Big scale belies lack of revenue, true stimulus
By TAKAHIRO FUKADA, Staff writer
The fiscal 2009 draft budget unveiled Saturday isn't likely to help Japan recover because the recession will probably accelerate the ongoing decline in tax revenues, economists warn. continued ... - Cabinet OKs second extra budget for '08
(The Japan Times) Sunday, Dec. 21, 2008
(Kyodo News) The Cabinet on Saturday approved a ¥4.79 trillion second supplementary budget for fiscal 2008 that rolls out support measures for households, small businesses and regional economies hit hard by the economic slowdown. continued ... - Defense budget edges down on bulk arms buys
(The Japan Times) Sunday, Dec. 21, 2008
(Kyodo News)
Defense spending will drop for the seventh consecutive year in fiscal 2009 to a 14-year low, thanks to falling oil prices and savings on bulk purchases of arms and munitions, according to the draft of the state budget unveiled Saturday. continued ... - Japan delays fighter jet purchases
(The Japan Times) Sunday, Dec. 21, 2008
(Kyodo News)
Japan has formally given up plans to acquire next-generation fighter jets and cargo plans for the Air Self-Defense Force in fiscal 2009, Chief Cabinet Secretary Takeo Kawamura said Saturday after endorsing a revised version of the Defense Ministry's fiscal 2005-2009 Mid-Term Defense Program earlier in the day. continued ...
The Mainichi Daily News Click
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