Cabinet OKs 82.11 tril. yen budget for FY 2004

TOKYO, Japan - Finance Minister Sadakazu Tanigaki speaks at a press conference after the cabinet approved an 82,110.9 billion yen state budget for fiscal 2004 on Dec. 24. Austerity budget featured cuts in major policy programs and the issuance of a record amount of debt to finance swelling social security and debt-servicing costs.

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