Skip to footer

Japanese told budget is due for some cutbacks

  • By Compiled From Wire Service Dispatches From Monitor Correspondents Around The World
  • Edited By Anne Shutt

| Tokyo

Prime Minister Zenko Suzuki, declaring Japan's public finances had reached a state of emergency, said Thursday the government is considering introducing a supplementary budget to cut public spending.

Suzuki did not specify where cuts would be made but mentioned education and social welfare as areas for review. Noting that Japan's public debt from outstanding issues of government bonds now totaled $346 billion, Suzuki said the situation was being aggravated by shortfalls in tax revenues.

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to Japanese told budget is due for some cutbacks
Read this article in
https://www.csmonitor.com/1982/0917/091718.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us