Gov't expecting smaller deficit of 6.2 tril. yen in FY 2020

Prime Minister Shinzo Abe (C) speaks at a meeting of the Council on Economic and Fiscal Policy at his office in Tokyo on July 22, 2015. At the meeting, the Cabinet Office presented its estimates that the government is expecting a primary deficit of 6.2 trillion yen ($50 billion) in fiscal 2020, lower than earlier predicted, due partly to the recent economic recovery. (Kyodo) ==Kyodo

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