Japan enacts record 920-bln-USD budget for FY 2019
TOKYO, March 27 (Xinhua) -- Japan's Diet on Wednesday enacted a record 101.46-trillion-yen (920 billion U.S. dollars) budget for fiscal 2019 to address the nation's ballooning social security costs, stimulate the economy and provide a buffer against the likely fallout from a consumption tax hike this year.
The budged passed the more powerful lower house of parliament at the beginning of March and was approved in the upper caucus by the ruling coalition led by Prime Minister Shinzo Abe's Liberal Democratic Party (LDP).
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