News Headline Summary

Pre-market Japan government approves draft 2013/14 general-account budget worth JPY 92.6115trl, according to Ministry of Finance

- Japan government cuts new bond issuance in 2013/14 budget vs. year earlier, below tax revenue for first time in four years.
- Japan 2013/14 new bond issuance expected at JPY 42.851trl, tax revenue JPY 43.096.

Update details:

- The government is expected to submit the extra budget to parliament this week and the 2013/14 budget in late February.

Print 23:22, 29 Jan 2013 - Asian News - Source: Newswires