COMMENTARY

COMMENTARY Social Security Spending to Be Cut by \1.6 Tril.↓

July 10, 2006
The government and ruling coalition decided on June 26 to look for financial resources of \16.5 trillion, central and local governments combined, by 2011 in order to improve the nation's financial status. Of this amount, 70-90% (\11.4-14.3 trillion) will be…

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COMMENTARY

By Tatsuya Otsuka

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