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Wednesday, July 20, 2011

Japan's lower house approves 2nd recovery budget - Yahoo! News

Japan's lower house approves 2nd recovery budget - Yahoo! News
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  1. RAYLOKEJuly 20, 2011 at 3:14 AM

    The government will use surplus funds from last year to pay for the budget to avoid having to issue new bonds, as Japan already faces the industrialised world's largest public debt at around 200 percent of GDP.
    Kan's government plans a third extra budget later this year, with analysts estimating it to be worth 10 trillion yen.

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