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Japan Finance Minister: Must craft high-quality budget with spending reform in mind

Japan Finance Minister: Must craft high-quality budget with spending reform in mind

FILE PHOTO: Japan's Finance Minister Taro Aso speaks at a news conference in Tokyo December 27, 2012. REUTERS/Kim Kyung-Hoon

TOKYO : Japanese Finance Minister Taro Aso vowed on Tuesday to compile a high-quality budget for the next fiscal year while bearing in mind the need to reform spending policies given the country's dire fiscal situation.

Aso declined to comment when asked about the size of overall budget requests that have been made by ministries for the fiscal year starting in April 2022. The deadline for the requests is Tuesday.

(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

Source: Reuters

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