Japan's Cabinet approves fiscal year 2018/19 budget (PM Abe spending big)

Its going to be a record $860 bln spending in FY2018/19 - General-account budget spending for the next fiscal year starting April will total 97.7 trillion yen ($860 billion) Despite the new high for spending, Japan plans to reduce the issuance of almost all maturities of Japanese government bonds (JGBs) during the 2018/19 fiscal year
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