Cabinet adopts 82.65 tril. yen FY 2001 budget

TOKYO, Japan - Prime Minister Yoshiro Mori (C) chats with Finance Minister Kiichi Miyazawa (R) at an extraordinary cabinet meeting Dec. 24. The meeting, which took place at the premier's official residence, approved an 82.65 trillion yen fiscal 2001 draft budget that includes a record-high 48,658.9 billion yen in spending on discretionary policy steps to get Japan's economy back on track amid prevailing uncertainties over its future. On the left is former prime minister Ryutaro Hashimoto, who is currently minister in charge of administrative reform.

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