ID :
79586
Sat, 09/12/2009 - 04:27
Auther :
Shortlink :
http://m.oananews.org//node/79586
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DPJ finds 8 trillion yen of FY 2009 extra budget untapped
+
TOKYO, Sept. 12 Kyodo -
The amount of untapped money in the fiscal 2009 extra budget could be as much
as 8.3 trillion yen, brightening prospects for the Democratic Party of Japan to
fund its key policies smoothly, a senior DPJ lawmaker said Friday.
The amount tops the DPJ's goal of raising 7.1 trillion yen for its election
pledges in the year starting April 1.
The DPJ, which will form a new government next week, is stepping up its efforts
to assess to what extent it may be able to scrape together funds from the
budget, the lawmaker, who was briefed on the latest situation by the Finance
Ministry, said on condition of anonymity.
The record-high extra budget, designed earlier this year by Prime Minister Taro
Aso's administration, is intended to carry out a range of economic stimulus
programs worth about 15.3 trillion yen.
The DPJ is planning to stop some public works and other projects it believes
involve too much wasteful spending and divert finances for them to its own
policies, such as new monthly child allowances.
The DPJ was hoping to raise at least 3 trillion yen by overhauling the extra
budget, approved by the Diet in May.
Despite the larger-than-expected unused funds, the DPJ and the Finance Ministry
believe it will not be possible to recover the whole amount.
From a legal standpoint, some DPJ lawmakers say the funds already earmarked for
local governments should not be tampered with.
The lawmakers say it would be unwise to take money back from local governments,
given also that the DPJ has pledged to shift more power to them from the
central government.
Of the untapped money, the Ministry of Health, Labor and Welfare holds the
largest amount at 2.5 trillion yen, much of which has been allocated for
measures to improve the employment environment, according to government
officials.
The Cabinet Office is in charge of 2.4 trillion yen worth of unused money in
the budget, while about 96 percent of funds allocated to the Ministry of
Economy, Trade and Industry has already been committed and there is only about
43.0 billion yen left unused, the officials said.
The amount of money the DPJ will actually be able to scrape together is still
subject to change, given that discussions between the party and the Finance
Ministry on budgetary matters only started Monday.
==Kyodo
TOKYO, Sept. 12 Kyodo -
The amount of untapped money in the fiscal 2009 extra budget could be as much
as 8.3 trillion yen, brightening prospects for the Democratic Party of Japan to
fund its key policies smoothly, a senior DPJ lawmaker said Friday.
The amount tops the DPJ's goal of raising 7.1 trillion yen for its election
pledges in the year starting April 1.
The DPJ, which will form a new government next week, is stepping up its efforts
to assess to what extent it may be able to scrape together funds from the
budget, the lawmaker, who was briefed on the latest situation by the Finance
Ministry, said on condition of anonymity.
The record-high extra budget, designed earlier this year by Prime Minister Taro
Aso's administration, is intended to carry out a range of economic stimulus
programs worth about 15.3 trillion yen.
The DPJ is planning to stop some public works and other projects it believes
involve too much wasteful spending and divert finances for them to its own
policies, such as new monthly child allowances.
The DPJ was hoping to raise at least 3 trillion yen by overhauling the extra
budget, approved by the Diet in May.
Despite the larger-than-expected unused funds, the DPJ and the Finance Ministry
believe it will not be possible to recover the whole amount.
From a legal standpoint, some DPJ lawmakers say the funds already earmarked for
local governments should not be tampered with.
The lawmakers say it would be unwise to take money back from local governments,
given also that the DPJ has pledged to shift more power to them from the
central government.
Of the untapped money, the Ministry of Health, Labor and Welfare holds the
largest amount at 2.5 trillion yen, much of which has been allocated for
measures to improve the employment environment, according to government
officials.
The Cabinet Office is in charge of 2.4 trillion yen worth of unused money in
the budget, while about 96 percent of funds allocated to the Ministry of
Economy, Trade and Industry has already been committed and there is only about
43.0 billion yen left unused, the officials said.
The amount of money the DPJ will actually be able to scrape together is still
subject to change, given that discussions between the party and the Finance
Ministry on budgetary matters only started Monday.
==Kyodo
